Earnings Reports - Dollar Tree Inc. is expected to report quarterly earnings of $1.08 per share on revenue of $4.70 billion [2] - CrowdStrike Holdings Inc. reported third-quarter revenue of slightly above $1.23 billion, beating analyst estimates of approximately $1.22 billion, and adjusted earnings of 96 cents per share, exceeding estimates of 94 cents per share [2] - Macy's Inc. is anticipated to post a quarterly loss of 16 cents per share on revenue of $4.60 billion [2] - Box Inc. reported in-line earnings for the third quarter but issued fiscal 2026 EPS guidance below analyst estimates, expecting EPS to be more than $1.28 versus the $1.31 estimate [2] - Salesforce Inc. is expected to report quarterly earnings of $2.86 per share on revenue of $10.27 billion [2] Stock Performance - Dollar Tree shares rose 0.5% to $109.49 in after-hours trading [2] - CrowdStrike shares fell 3% to $500.96 in after-hours trading [2] - Macy's shares rose 1.8% to $23.12 in after-hours trading [2] - Box shares dipped 6.1% to $28.34 in after-hours trading [2] - Salesforce shares rose 0.6% to $236.00 in after-hours trading [2]

Core Insights - Praesidium Investment Management Company has completely exited its position in CyberArk Software Ltd., selling 104,000 shares for an estimated $42.3 million, which previously represented 7.5% of its U.S. equity assets [1][2][3] Company Overview - CyberArk Software Ltd. is a global leader in identity security, focusing on protecting privileged access and digital identities for large organizations [6] - The company generates recurring revenue primarily through licensing, subscriptions, and support services for its cybersecurity platforms [6] - As of the latest market close, CyberArk's market capitalization is $23.1 billion, with a revenue of $1.3 billion and a net income of -$226.9 million [4] Financial Performance - CyberArk reported a 43% increase in total revenue for the third quarter, reaching $342.8 million, driven by the expansion of its SaaS and identity-security platforms [11] - The stock price of CyberArk has increased by 43% over the past year, significantly outperforming the S&P 500's 13% gain during the same period [3][10] Market Dynamics - The exit of a long-term investor like Praesidium raises questions about the underlying market dynamics and valuation of CyberArk, despite its strong growth [10] - The company's focus on high-value enterprise clients and robust product innovation positions it well within the competitive cybersecurity market [6][9] Investment Considerations - Long-term investors should note that CyberArk's fundamentals remain strong, benefiting from increasing identity-security budgets and a shift towards recurring SaaS revenue [13] - However, the recent stock rally may have influenced investor sentiment and risk-reward calculations, prompting a more cautious approach from some institutional investors [12]

Market Overview - Major U.S. stock indices finished higher, with the Dow Jones up nearly 0.4% at 47,474.46, S&P 500 gaining 0.25% to 6,829.37, and Nasdaq advancing almost 0.6% to 23,413.67 [1] Marvell Technology - Marvell shares rose 1.96% to close at $92.89, with adjusted earnings of 76 cents per share and revenue of $2.08 billion, up from $1.52 billion a year earlier, indicating continued growth [2][3] - The company reported record data center sales and a positive full-year growth outlook, forecasting revenue growth above 40% for the fiscal year, driven by AI infrastructure spending [2][3] CrowdStrike - CrowdStrike stock gained 2.46% to finish at $516.55, with third-quarter revenue reaching just over $1.23 billion, a 22% year-over-year increase, and adjusted earnings of 96 cents [4][5] - Subscription revenue rose 21% to $1.17 billion, and annual recurring revenue grew 23% to $4.92 billion, with $265.3 million in net new ARR added [5][6] Boeing - Boeing shares surged 10.15% to close at $205.38, as the company outlined expectations for higher 737 and 787 jet deliveries in 2026 and reaffirmed its intention to acquire Spirit AeroSystems [7][8] - Management's updated production outlook suggested an acceleration in widebody and narrowbody output, which could improve cash flow and margins as supply chain conditions stabilize [8] Intel Corporation - Intel stock climbed 8.65% to finish at $43.47, amid speculation that Apple could utilize Intel's advanced 18A manufacturing process for M-series processors [9][10] - The company is positioned as a leader in U.S.-based advanced chipmaking, with new fabs planned in Arizona and Ohio, and the potential Apple deal is seen as a strategic supply-chain pivot [11] Pure Storage - Pure Storage shares advanced 6.97% to close at $94.72, with quarterly revenue of $964.45 million, exceeding estimates, and earnings of 58 cents meeting expectations [12][13] - Subscription revenue rose 14% to $429.7 million, and annual recurring revenue climbed 17% to $1.8 billion, with the company raising its fiscal 2026 revenue outlook to $3.63–$3.64 billion [13]

Summary of Palo Alto Networks Conference Call Company Overview - **Company**: Palo Alto Networks (NasdaqGS:PANW) - **Industry**: Cybersecurity Key Points and Arguments Historical Context and Growth Strategy - In 2019, Palo Alto Networks was one of seven cybersecurity companies with a market cap between $10 billion and $20 billion, aiming to break out of this range to achieve $10 billion in revenue [4][6] - The company has made significant acquisitions to enhance its product offerings and expand its Total Addressable Market (TAM) [3][4] - The average spending of the largest customer increased from $4 million in 2019 to $60 million currently, indicating successful upselling strategies [5] Recent Acquisitions - Two significant acquisitions were made recently: CyberArk and Chronosphere, aimed at expanding capabilities in identity management and observability, respectively [8][11] - CyberArk is viewed as the best asset in the identity space, with expectations of improving operating margins from 20% to over 30% within 24 months [15][16] - Chronosphere is positioned to capitalize on the growing observability market, which is projected to be worth $50 billion to $100 billion [10][28] Market Dynamics and Future Outlook - The cybersecurity landscape is experiencing a significant inflection point, particularly in the Security Information and Event Management (SIEM) and Security Operations Center (SOC) spaces, which represent a $40 billion TAM [6][10] - The rise of AI is expected to further drive demand for observability and security solutions, with a projected $1 trillion in infrastructure spending annually [10][23] - Palo Alto Networks aims to achieve a long-term fiscal 2030 Annual Recurring Revenue (ARR) target of $20 billion, with a third attributed to Chronosphere and two-thirds to CyberArk [12] SaaS Business Performance - The SaaS segment is growing at 34%, with over 6,000 customers, indicating strong market validation and competitive positioning [36][46] - The company has developed capabilities to convert existing VPN customers to SaaS without significant disruption, enhancing customer retention [48][49] AI and Security - The emergence of AI has increased the attack surface, necessitating greater investment in cybersecurity solutions [71] - Palo Alto Networks is focusing on developing AI-driven security solutions to keep pace with the speed of AI attacks [72] Observability Market - Observability is critical for enterprises, especially those operating in cloud environments, with a significant portion of IT budgets expected to be allocated to this area [27][28] - The company is targeting high-value customers, with one customer expected to spend $20 million on Chronosphere this year [29] Integration and Management of Acquisitions - The integration of Chronosphere is expected to be straightforward due to its existing traction and customer base, while CyberArk will require more restructuring [30][32] - The company plans to leverage its resources to support the growth of acquired companies without stifling their innovation [31] Additional Important Insights - The cybersecurity market is evolving rapidly, with increasing competition and the need for continuous innovation [4][6] - The company is focused on maintaining its core business while integrating new acquisitions to ensure sustained growth [32][36] - The overall sentiment is optimistic regarding the future growth potential of Palo Alto Networks, driven by strategic acquisitions and a robust product pipeline [69][70]

Market Performance - Major market indexes showed positive movement, with the Dow gaining +185 points (+0.39%), S&P 500 up +16 points (+0.25%), and Nasdaq increasing by +137 points (+0.59%) [1] - Bitcoin rose nearly +6% to 91.4K, positively impacting the stock of MicroStrategy (MSTR), which gained over +5% [1] - The small-cap Russell 2000 index experienced a slight decline of -0.17% [1] Economic Data - Private-sector payrolls for November are expected from Automatic Data Processing (ADP), with a consensus estimate of around 40K new jobs, down from 42K the previous month [2] - The labor market has shown difficulties, with no back-to-back positive ADP jobs numbers since April and May of 2025 [2] - Upcoming reports on Imports, Exports, Industrial Production, and Capacity Utilization are anticipated to show slight gains from the previous month [3] Earnings Reports - CrowdStrike (CRWD) reported Q3 earnings of 96 cents per share on revenues of $1.23 billion, exceeding estimates and showing over +20% year-over-year growth [4] - American Eagle Outfitters (AEO) beat Q3 earnings expectations with 53 cents per share and record-high revenues of $1.36 billion, leading to an +11% increase in shares after market [5] - Marvell Technologies (MRVL) posted Q3 earnings of 76 cents per share on revenues of $2.08 billion, slightly above projections, but shares remained flat [6]

CYCURION, INC. (State or Other Jurisdiction of Incorporation or Organization) (Primary Standard Industrial Classification Code Number) AMENDMENT NO. 1 TO THE FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 As filed with the Securities and Exchange Commission on December 2, 2025 File No. 333-291819 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Delaware 7371 86-3720717 (I.R.S. Employer Identification Number) 1640 Boro Place, Suite 420C McLean, VA 22102 (Address, incl ...

As filed with the Securities and Exchange Commission on December 2, 2025 File No. 333-291819 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 AMENDMENT NO. 1 TO THE FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 CYCURION, INC. (State or Other Jurisdiction of Incorporation or Organization) (Primary Standard Industrial Classification Code Number) Delaware 7371 86-3720717 (I.R.S. Employer Identification Number) 1640 Boro Place, Suite 420C McLean, VA 22102 (Address, incl ...

Well, Crowd Strike is just out now with its third quarter results. Let's get you those numbers. Q3 EPS 96 cents versus an estimate of 94 cents. Q3 revenue 1.23% billion versus an estimate of 1.21% billion.So, beats there on the bottom and the top. Let's get to the guidance. Q4 adjusted EPS calling for between 109 to 111.The estimate was 108. Q and Q4 revenue, they're calling for between 1.2% 29 or 1.3% billion. The estimate was 1.29% billion.And for fullear revenue outlook, they're now seeing, it looks like ...

Financial Data and Key Metrics Changes - Record Q3 net new ARR of $265 million, growing 73% year-over-year, exceeding expectations by over 10% [6][31] - Ending ARR reached $4.92 billion, accelerating to 23% growth year-over-year [6][31] - Record Q3 free cash flow of $296 million, representing 24% of revenue [7][31] - All-time record operating income of $265 million, or 21% of revenue, marking the second consecutive quarter of record operating income [7][31] - Total revenue grew 22% year-over-year to $1.23 billion, with subscription revenue growing 21% to $1.17 billion [35][31] Business Line Data and Key Metrics Changes - Broad-based ending ARR acceleration across cloud, next-gen identity, and next-gen SIEM, along with acceleration in the endpoint business [7][31] - Falcon Flex subscription model contributed over $1.35 billion in ending ARR, growing more than 200% year-over-year [7][33] - Falcon Shield had a record net new ARR quarter, growing nearly 50% sequentially [16][31] Market Data and Key Metrics Changes - Geographic revenue mix consisted of approximately 67% from the U.S. and 33% from international markets, with both U.S. and APAC revenue growth accelerating year-over-year [35][31] - The cloud security market is maturing, with customers realizing the need for active defense within their cloud environments [17][31] Company Strategy and Development Direction - CrowdStrike positions itself as the operating system for cybersecurity in the agentic era, emphasizing the need for a single platform to manage cybersecurity effectively [10][11] - The company is focused on consolidating its offerings through the Falcon platform, which integrates various security solutions to lower total cost of ownership for customers [33][31] - The acquisition of Onum and Pangea is aimed at enhancing the platform's capabilities and customer experience [31] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strong demand environment driven by AI adoption and the need for robust cybersecurity solutions [29][31] - The company anticipates continued growth in net new ARR, projecting at least 50% year-over-year growth in the second half of FY26 [37][31] - Management highlighted the importance of cybersecurity as a necessity in the evolving digital landscape, reinforcing CrowdStrike's critical role [7][29] Other Important Information - The company reported a GAAP net loss of $34 million, which included costs associated with a prior incident and acquisition-related expenses [36][31] - Cash and cash equivalents stood at $4.80 billion, with record cash flow from operations of $397.5 million [36][31] Q&A Session Summary Question: Insights on emerging segments and seasonality of net new ARR - Management noted that emerging products like Next-Gen SIEM and Identity performed exceptionally well, with strong customer adoption [44] Question: Value captured in SIEM displacements - Management indicated that customers are seeking better outcomes and lower costs, allowing CrowdStrike to offer competitive pricing and grow wallet share [47] Question: Further push into observability - Management acknowledged the opportunity for consolidation in observability, leveraging existing technology and customer data [51] Question: Dynamics of Flex licensing and its impact on NRR - Management emphasized that Flex licensing is designed for continuous growth, making it easier for customers to buy more over time [56] Question: AI's impact on customer conversations - Management highlighted that CrowdStrike's AI capabilities differentiate it from competitors, enabling faster and more effective security solutions [61]

Financial Data and Key Metrics Changes - Record Q3 net new ARR of $265 million, growing 73% year over year, exceeding expectations by over 10% [6][32] - Ending ARR reached $4.92 billion, accelerating to 23% growth year over year [6][32] - Record Q3 free cash flow of $296 million, representing 24% of revenue [7][32] - All-time record operating income of $265 million, or 21% of revenue, marking the second consecutive quarter of record operating income [7][32] - Non-GAAP net income attributable to CrowdStrike was a record $245.4 million, or $0.96 on a diluted per-share basis [37][41] Business Line Data and Key Metrics Changes - Broad-based ending ARR acceleration across cloud, next-gen identity, and next-gen SIEM, along with acceleration in the endpoint business [7][33] - Falcon Flex subscription model contributed over $1.35 billion in ending ARR, growing more than 200% year over year [7][34] - Falcon Shield had a record net new ARR quarter, growing nearly 50% sequentially [16][34] - Next-Gen SIEM achieved record net new ARR, reflecting strong customer adoption and performance [12][33] Market Data and Key Metrics Changes - Geographic revenue mix consisted of approximately 67% from the U.S. and 33% from international markets, with both U.S. and APAC year-over-year revenue growth accelerating compared to Q2 [36] - The cloud security market is maturing, with customers realizing the need for active defense within their cloud environments [17] Company Strategy and Development Direction - CrowdStrike positions itself as the operating system for cybersecurity in the agentic era, emphasizing the need for a single platform solution [10][11] - The company is focused on consolidating security needs and lowering total cost of ownership for customers, resulting in higher retention rates and increased module adoption [35] - The partnership with AWS enhances CrowdStrike's market position, providing native access to Falcon Next-Gen SIEM for AWS customers [14][27] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strong demand environment and robust pipeline entering Q4, anticipating continued profitable growth [36][38] - The AI-driven demand environment is seen as a significant opportunity, with AI adoption necessitating enhanced cybersecurity measures [29][30] - Management highlighted the importance of cybersecurity as a constant necessity amid technological transformations [30] Other Important Information - The company achieved record cash flow from operations of $397.5 million [37] - Non-GAAP gross margin was reported at 78%, with subscription gross margin increasing to 81% [36] - The company expects total revenue for Q4 FY26 to be in the range of $1.290-$1.300 billion, reflecting a year-over-year growth rate of 22%-23% [40] Q&A Session Summary Question: Insights on emerging segments and seasonality for net new ARR - Management noted that emerging products like Next-Gen SIEM and Identity performed well, with strong customer adoption and consolidation on the platform [46] Question: Value captured in SIM market displacements - Management indicated that customers are seeking better outcomes and lower costs, with CrowdStrike's existing EDR data providing a competitive advantage [50] Question: Further push into observability - Management views observability as a consolidation opportunity, leveraging existing technology and data collection capabilities [55] Question: Dynamics of Flex licensing and its sustainability - Management emphasized that Flex licensing is designed for continuous net ARR growth, making it easier for customers to buy more over time [62] Question: Impact of AI on customer conversations - Management highlighted that CrowdStrike's AI capabilities differentiate it from competitors, with AI agents embedded in the platform delivering significant value [66] Question: Key products driving growth impact for next year - Management identified Next-Gen SIEM, cloud, and Falcon Shield as key products with significant growth potential [72]