Palo Alto Networks Steps up AI Security
Security player Palo Alto Networks (NYSE:PANW) recently announced its quarterly results that continued to outpace market expectations. The company has put a pause on its acquisition spree for now and is instead focused on building its AI-focused product portfolio while improving margins. Palo Alto Network's Financials Palo Alto Networks' third quarter revenues grew 24% to $1.7 billion, ahead of the Street's estimate by 0.38%. Non GAAP net income was $1.10 per share. The market was looking for net income of $0.92 per share. By segment, Product revenues grew 10.4% to $388.1 millio...