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Palo Alto Networks Inc  (NASDAQ: PANW)
Other Ticker:  
 
 
Price: $401.0000 $2.58 0.648%
Day's High: $403.38 Week Perf: -1.21 %
Day's Low: $ 395.56 30 Day Perf: 4.11 %
Volume (M): 369 52 Wk High: $ 410.23
Volume (M$): $ 148,164 52 Wk Avg: $328.32
Open: $397.10 52 Wk Low: $260.09



 Market Capitalization (Millions $) 142,155
 Shares Outstanding (Millions) 355
 Employees 15,289
 Revenues (TTM) (Millions $) 8,289
 Net Income (TTM) (Millions $) 2,734
 Cash Flow (TTM) (Millions $) -205
 Capital Exp. (TTM) (Millions $) 164

Palo Alto Networks Inc
Palo Alto Networks Inc. is a cybersecurity company founded in 2005 by Nir Zuk in Santa Clara, California. The company provides advanced security solutions and services to enterprises, governments, and service providers to prevent cyber-attacks and protect their critical applications and data.

Palo Alto Networks' flagship product is the next-generation firewall (NGFW), which utilizes proprietary software, hardware, and cloud-based architectures to offer advanced protection against a wide range of cyber-attacks. The company's NGFW is designed to provide comprehensive security by inspecting all traffic that passes through it, including encrypted traffic, to detect and prevent malware, phishing attacks, and other cyber threats.

In addition to the NGFW, Palo Alto Networks also offers other security solutions such as virtual firewalls, endpoint protection, threat intelligence, and cloud security. Their product portfolio is designed to enable businesses to deploy security solutions that are customized to their specific needs.

Palo Alto Networks has been recognized as a leader in the cybersecurity market by several industry analysts and organizations, including Gartner, Forrester, and IDC. The company has a large customer base in various industries such as financial services, healthcare, education, and government. Some of its notable customers include Nespresso, Mercedes-Benz USA, National Football League, and the United States Air Force.

Palo Alto Networks has also made several acquisitions over the years to expand its technology capabilities and increase its market share. Some of its acquisitions include Demisto, a cybersecurity incident response automation company, and Twistlock, a container security company.

The company employs over 9,000 people in more than 150 countries worldwide, with headquarters in Santa Clara, California. Palo Alto Networks has been recognized as one of the best places to work by several organizations such as Glassdoor and Fortune Magazine. The company also has a strong commitment to corporate social responsibility, particularly in the areas of education, the environment, and diversity and inclusion.


   Company Address: 3000 Tannery Way Santa Clara 95054 CA
   Company Phone Number: 753-4000   Stock Exchange / Ticker: NASDAQ PANW


   

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Business Update

SLB and Palo Alto Networks Join Forces to Fortify Cybersecurity in the Energy Sector A Powerful Alliance fo...

Published Tue, Aug 20 2024 5:35 AM UTC

In a significant move aimed at addressing the growing needs for cybersecurity within the energy sector, global energy technology company SLB (NYSE: SLB) and cybersecurity leader Palo Alto Networks (NASDAQ: PANW) have announced their decision to expand their existing collaboration. This partnership seeks to enhance cybersecurity capabilities through the integration of advance...

Business Update

Strengthening Cybersecurity in the Energy Sector A Strategic Collaboration Between SLB and Palo Alto Networks

Published Mon, Aug 19 2024 1:47 PM UTC

In the face of increasing cybersecurity threats, SLB, a global leader in energy technology, and Palo Alto Networks, a renowned cybersecurity company, have announced an expansion of their collaboration aimed at reinforcing cybersecurity measures specifically tailored for the energy sector. This partnership leverages SLB s expertise in the energy domain and its advanced cloud ...

Palo Alto Networks Inc

Legal Challenges Fail to Dampen Palo Alto Networks' Strong Financial Performance

Palo Alto Networks Displays Strong Financial Performance Amidst Legal Challenges
SANTA CLARA, Calif., Feb. 23, 2024 ? Palo Alto Networks (NASDAQ: PANW), the global cybersecurity leader, showcased impressive financial numbers in its most recent fiscal period, leaving investors pondering the company's future performance. Despite a challenging legal landscape, Palo Alto Networks reported a revenue of $1.98 billion, representing a 15.3% year-on-year increase and a 0.466% quarter-on-quarter growth. The company's income per share more than doubled, soaring by 154.84% to $0.79. However, earnings per share saw a sequential drop of -83.84%.
These positive financial results come as a stark contrast to the Computer Peripherals & Office Equipment sectors, which experienced a 5.67% decline in business. Palo Alto Networks has managed to buck the trend and surprise many investors with its revenue gains.

Announcement

The Paradox of Profit and Legal Proceeding: The Case of Palo Alto Networks, Inc.

Published Tue, Mar 26 2024 6:27 PM UTC

In the volatile landscape of global investing, there are few scenarios more contradictory than that of a company experiencing significant financial growth while concurrently dealing with major legal hurdles. One such company that finds itself navigating these challenging waters is Palo Alto Networks, Inc. (NASDAQ: PANW), a renowned player in the cyber security industry.The N...

Palo Alto Networks Inc

$1.6 Billion Tax Provisions Drive Earnings Surge for Palo Alto Networks Inc



Palo Alto Networks Inc, a leading cybersecurity company, delivered strong earnings performance in the financial period ending January 31, 2024. The company reported significant year-on-year and quarter-on-quarter revenue growth. Moreover, net profit per share and net earnings witnessed substantial improvements, attributing to the company's favorable income tax provisions. Additionally, Palo Alto Networks demonstrated strong demand, as indicated by the increase in accounts receivable. Despite a slight decline in stock performance during the past week, the company's year-to-date performance remains positive, reflecting growing investor interest.
Financial Performance Highlights:
1. Revenue Growth:
Palo Alto Networks Inc experienced remarkable revenue growth, reaching $1.98 billion, a 19.328% increase compared to the same period last year. Furthermore, the company's revenue grew by 5.204% quarter on quarter, indicating sustained momentum.







Palo Alto Networks Inc's Segments
United States    62.85 % of total Revenue
Other Americas    4.58 % of total Revenue
Total Americas    67.43 % of total Revenue
Europe the Middle East and Africa EMEA    20.64 % of total Revenue
Asia Pacific and Japan APAC    11.94 % of total Revenue
Product    16.54 % of total Revenue
Subscription    55.73 % of total Revenue
Support    27.74 % of total Revenue
Subscription and support    83.46 % of total Revenue





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