Palo Alto Networks signage displays on the screen at the Nasdaq Market in New York City, U.S., March 25, 2025.Palo Alto Networks reported better-than-expected earnings and revenue for the latest quarter but its gross margin was below estimates. The stock dropped 4% in extended trading on Tuesday.Here's how the company did, compared to analysts' consensus estimates from LSEG:Earnings per share: 80 cents, adjusted vs. 77 cents expectedRevenue: $2.29 billion vs. $2.28 billion expectedSales in the company's fis ...

Core Viewpoint - Palo Alto Networks reported a 15% year-over-year revenue growth for fiscal Q3 2025, reaching $2.3 billion, while maintaining strong profitability metrics [2][8]. Financial Performance - Total revenue for fiscal Q3 2025 was $2.3 billion, up from $2.0 billion in fiscal Q3 2024, reflecting a 15% increase [2][8]. - GAAP net income for fiscal Q3 2025 was $0.3 billion, or $0.37 per diluted share, compared to $0.3 billion, or $0.39 per diluted share, in the same quarter of the previous year [2][3]. - Non-GAAP net income for fiscal Q3 2025 was $0.6 billion, or $0.80 per diluted share, an increase from $0.5 billion, or $0.66 per diluted share, in fiscal Q3 2024 [3][22]. Strategic Developments - The company achieved a significant milestone by surpassing $5 billion in Next-Gen Security Annual Recurring Revenue (ARR), which grew 34% year-over-year to $5.1 billion [4][8]. - Remaining performance obligation increased by 19% year-over-year to $13.5 billion, indicating strong future revenue visibility [8][9]. Financial Outlook - For fiscal Q4 2025, the company expects Next-Gen Security ARR to be between $5.52 billion and $5.57 billion, representing a year-over-year growth of 31% to 32% [9]. - Total revenue guidance for fiscal year 2025 is projected to be between $9.17 billion and $9.19 billion, reflecting a year-over-year growth of 14% [9]. Operational Metrics - Non-GAAP operating margin for fiscal Q3 2025 was reported at 27.4%, compared to 25.6% in the same quarter of the previous year [21]. - The company’s total gross profit for fiscal Q3 2025 was $1.67 billion, up from $1.47 billion in fiscal Q3 2024 [20].

Core Insights - The global security market is projected to reach $212 billion in 2023, growing 15.1% year over year, benefiting both Okta and Fortinet [2] Company Analysis: Okta (OKTA) - Okta is experiencing strong demand for its identity security solutions, with a diverse portfolio expected to drive share price growth by 2025 [3] - Over 20% of Okta's fourth-quarter fiscal 2025 bookings came from new products, indicating robust client acquisition and top-line growth [4] - Okta's customer base reached 19,650, with remaining performance obligations totaling $4.215 billion, showcasing strong subscription revenue prospects [4] - The number of customers with over $100 thousand in Annual Contract Value increased by 7% year over year to 4,800 [4] - Okta's AI capabilities are integrated across its products, enhancing user experience and cybersecurity [5] - The company has a strong partner ecosystem, with over 7,000 integrations with various cloud and IT infrastructure providers [6] Company Analysis: Fortinet (FTNT) - Fortinet maintains strong momentum in network security, being the most deployed firewall vendor globally [7] - The expansion of Fortinet's unified Secure Access Service Edge (SASE) platform is a key performance driver, offering comprehensive security solutions [8] - Fortinet's sovereign SASE solution is gaining traction in regulated sectors, ensuring compliance while maintaining performance [9] - The company is investing in AI capabilities, holding over 500 AI patents, with new features driving client engagement [10] Performance and Valuation - Year-to-date, Fortinet shares have appreciated by 10.9%, while Okta shares have surged by 60.5% [11] - Both companies are currently considered overvalued, with Fortinet trading at a forward Price/Sales ratio of 11.38X and Okta at 7.49X [14] - Fortinet's 2025 earnings estimate is $2.15 per share, reflecting a 2.74% year-over-year increase, while Okta's fiscal 2026 estimate is $1.09 per share, indicating a significant 172.14% jump year over year [17][18] - Both companies have consistently beaten earnings estimates, with Okta showing a higher average surprise of 204.9% compared to Fortinet's 30.98% [19] Conclusion - Fortinet is benefiting from increased demand from large enterprises and growth in security subscriptions, while Okta faces challenges from macroeconomic conditions [20]

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

Core Viewpoint - Palo Alto Networks is expected to report strong fiscal Q3 2025 results, driven by increased cybersecurity deal activity and a focus on platformization, with a price forecast of $225 from Wedbush analyst Daniel Ives [1][8]. Group 1: Financial Projections - The company anticipates Next-Gen Security Annual Recurring Revenue (NGS ARR) between $5.03 billion and $5.08 billion, reflecting a year-over-year increase of 33%-34% [9]. - Palo Alto Networks projects its Remaining Performance Obligation (RPO) to reach $13.50 billion to $13.60 billion, indicating a 19% to 20% year-over-year growth [9]. - For fiscal year 2025, total revenue is expected to increase by 14% year-over-year, with projected revenue of $9.17 billion and EPS of $3.21 [7][9]. Group 2: Strategic Initiatives - The company is focusing on a platformization strategy, which is expected to generate a more stable pipeline of deals, particularly with the increasing adoption of cloud services [2][4]. - Key products driving this strategy include XSIAM and Cortex XDR, which are supported by a steady booking pipeline of multi-million dollar deals [5]. - The recent launch of its AI suite, including Access and security posture management, is anticipated to enhance the scale of its platformization approach [6]. Group 3: Market Position and Trends - Palo Alto Networks is well-positioned to benefit from the AI Revolution, as cybersecurity is increasingly linked to enterprise AI initiatives [6]. - The company is expected to see incremental deal flow as more enterprises adopt AI projects, enhancing its market share in the cybersecurity landscape [5][6]. - The analyst notes that the focus of the upcoming conference call will be on deal metrics and insights from CEO Nikesh Arora, indicating a strong emphasis on performance and growth [7].

Market Overview - Pre-market futures are flat following a sixth-straight up-day on the S&P 500, with market sentiment buoyed by positive trade deal expectations [1] - The Dow is up +0.03%, while the S&P 500 is down -0.17%, and the tech-heavy Nasdaq has grown nearly +20% recently but is down -0.28% in early trading [2] Economic Indicators - U.S. Leading Economic Indicators (LEI) dropped -1.0% to 99.4 points in April, marking the first time below 100 since September of last year [3] - This decline represents the fifth consecutive drop in LEI, which had previously shown a hopeful turn around the 2024 election [3] Home Depot Earnings - Home Depot reported mixed Q1 results with earnings of $3.56 per share, missing the Zacks consensus by 3 cents, while revenues were $39.86 billion, up +9.4% year over year [5] - Shares of Home Depot are up +2% in pre-market trading, recovering most of year-to-date losses [5] Viking Holdings Earnings - Viking Holdings reported Q1 results with negative earnings of -$0.24 per share, which was 2 cents better than expected, and revenues of $897.06 million, exceeding estimates by +4.49% [6] - Despite outperforming expectations, shares are down -5% in early trading [6] Upcoming Earnings Reports - Palo Alto Networks is expected to report negative -8% earnings growth with revenues projected to increase by +14.67% [7] - Toll Brothers is anticipated to report fiscal Q2 numbers with expected declines of -15.3% on earnings and -11.9% on revenues, although it may achieve its third earnings beat in the last four quarters [8]

Core Insights - Tenable announced the recipients of its Global Partner Awards during the fifth annual Tenable AssureWorld virtual partner conference, recognizing partners for their contributions to customer success in exposure management [1][2] - The awards included categories such as Global System Integrator of the Year awarded to IBM, Tenable OT Security Partner of the Year awarded to Siemens Energy, MSSP Partner of the Year awarded to Telefonica, and Global Technology Partner of the Year awarded to AWS [1] - Tenable emphasizes a partner-first approach, focusing on investing in and supporting channel partners to achieve collective success in cybersecurity [2] Company Overview - Tenable is positioned as the exposure management company, addressing cybersecurity gaps that can impact business value, reputation, and trust [4] - The company offers an AI-powered exposure management platform that integrates security visibility and action across various environments, including IT infrastructure and cloud [4] - Tenable serves approximately 44,000 customers globally, aiming to reduce business risk through effective exposure management [4] Partner Program - The Tenable Assure Partner Program provides partners with sales and marketing support, training, certification opportunities, and technical assistance to enhance their business capabilities [3] - The program is designed to help partners deliver exceptional exposure management and risk mitigation solutions [3]

CHINA - 2023/11/10: In this photo illustration, the American multinational cybersecurity company ... More Palo Alto Networks logo seen displayed on a smartphone with an Artificial intelligence (AI) chip and symbol in the background. (Photo Illustration by Budrul Chukrut/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesPalo Alto Networks is scheduled to report earnings after Tuesday’s close. The stock hit a record high near $208.39/share in 2025 and, as of this writing, it is ...

Roseville, Minnesota, May 20, 2025 (GLOBE NEWSWIRE) -- SecureTech Innovations, Inc. (OTC: SCTH), an emerging leader in cybersecurity, Web3 solutions, and advanced security technologies, is pleased to share a comprehensive update on its strategic initiatives for 2025. Since joining the SecureTech team in January, President and CEO J. Scott Sitra has focused on advancing the key priorities outlined in SecureTech’s roadmap for innovation and growth. Each achieved strategic milestone increases underlying shareh ...

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period. Considering buying PANW stock? Here's what analysts think: Palo Alto Networks, Inc. PANW will release its third-quarter earnings results after the closing bell on Tuesday, May 20. Analysts expect the Santa Clara, California-based company to report quarterly earnings at 77 cents per share. That's up from 66 cents per share in the year-ago period. According to data from Benzinga Pro, Palo Alto Networks proj ...