Core Insights - Palo Alto Networks exceeded Wall Street's fiscal first-quarter revenue estimates but experienced a decline in net income, leading to a stock drop of approximately 3% [1] Financial Performance - Revenues increased by 16% year-over-year, reaching $2.47 billion compared to $2.1 billion a year ago [1][5] - Net income decreased to $334 million, or 47 cents per share, down from $351 million, or 49 cents per share in the previous year [1] - Adjusted earnings per share were reported at 93 cents, surpassing the expected 89 cents [5] Guidance and Expectations - For the second quarter, Palo Alto Networks guided revenues between $2.57 billion and $2.59 billion, aligning with the midpoint estimate of $2.58 billion [2] - The company anticipates full-year revenues between $10.50 billion and $10.54 billion, slightly above the $10.51 billion estimate [2] Capital Expenditures and Backlog - Capital expenditures for the period were significantly higher than expected at $84 million, compared to the StreetAccount estimate of $58.1 million [2] - Remaining purchase obligations, which indicate backlog, increased to $15.5 billion, exceeding the estimate of $15.43 billion [2] Acquisitions - Palo Alto Networks announced the acquisition of cloud observability platform Chronosphere for a total value of $3.35 billion [3] - The company has been actively pursuing acquisitions, including a recent announcement to acquire Israeli identity security firm CyberArk for $25 billion [3] Industry Trends - The rise of artificial intelligence has led to more sophisticated cyberattacks, prompting Palo Alto Networks to integrate AI into its tools and launch automated AI agents to enhance security measures [4]

Core Insights - Proactive provides fast, accessible, and actionable business and finance news content to a global investment audience [2] - The company focuses on medium and small-cap markets while also covering blue-chip companies and broader investment stories [3] - Proactive's news team delivers insights across various sectors including biotech, mining, oil and gas, and emerging technologies [3] Technology Adoption - Proactive is committed to adopting technology to enhance its content creation and workflow processes [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]

Q1 Fiscal Year 2026 Highlights - Palo Alto Networks' Q1'26 Remaining Performance Obligation (RPO) reached $15.5 billion, a 24% year-over-year increase[9] - Next-Generation Security Annual Recurring Revenue (NGS ARR) for Q1'26 was $5.85 billion, up 29% year-over-year[9] - Q1'26 revenue totaled $2.47 billion, representing a 16% year-over-year growth[9] - The company's Q1'26 non-GAAP operating margin was 30.2%, a 140 bps increase year-over-year[9] - Q1'26 non-GAAP EPS was $0.93, a 19% increase year-over-year[9] - Adjusted Free Cash Flow for Q1'26 was $1.71 billion, a 17% year-over-year increase, with an Adjusted FCF Margin of 69.2%[9] Strategic Initiatives and Acquisitions - Palo Alto Networks is acquiring Chronosphere for $3.35 billion in cash and replacement awards[46] - Chronosphere has over $160 million in ARR, growing triple digits year-over-year as of September 2025[36, 46] - The acquisition of CyberArk is on track for Q3 close, reaffirming the FY'28 Adjusted Free Cash Flow Margin target of 40%+[26, 28] SASE and AI Security - SASE ARR exceeded $1.3 billion, growing 34% year-over-year[15] - Palo Alto Networks has approximately 6,800 SASE customers, an 18% year-over-year increase[15, 59]

Core Points - Class actions have been initiated on behalf of stockholders of RCI Hospitality Holdings, Inc. and Fortinet, Inc. [1] - Investors have specific deadlines to petition the court to serve as lead plaintiff in these cases [1] RCI Hospitality Holdings, Inc. (NASDAQ:RICK) - The class period for the RCI lawsuit is from December 15, 2021, to September 16, 2025 [7] - Allegations include tax fraud, bribery to cover up tax fraud, and misleading statements regarding the company's legal risks and business operations [7] Fortinet, Inc. (NASDAQ:FTNT) - The class period for the Fortinet lawsuit is from November 8, 2024, to August 6, 2025 [7] - Allegations include misrepresentation of the refresh cycle's profitability, lack of clarity on the number of FortiGate firewalls eligible for upgrades, and misleading statements about the impact of the refresh on business [7] - Following the earnings call on August 6, 2025, Fortinet's stock price fell over 22% due to the revelation of these issues [7]

By Juby Babu (Reuters) -Palo Alto Networks said on Wednesday it will buy cloud management and monitoring company Chronosphere for $3.35 ​billion, as the cybersecurity firm looks to strengthen its AI offerings. The Santa ‌Clara, California-based company plans to integrate Chronosphere with Cortex AgentiX platform, allowing use of its AI ‌agents on the cloud management firm's data to detect performance issues and autonomously investigate their root cause. Palo Alto will pay the deal amount in cash and new ...

Core Viewpoint - Palo Alto Networks has announced its acquisition of Chronosphere for $3.35 billion, aiming to enhance its capabilities in providing real-time observability and remediation solutions for AI-native companies [5]. Group 1: Acquisition Details - The acquisition will be paid in cash and replacement equity awards, with adjustments subject to customary closing conditions and regulatory approvals [5]. - Chronosphere reported an annual recurring revenue (ARR) of over $160 million as of September 2025, with triple-digit year-over-year growth [5]. Group 2: Strategic Importance - The combination of Chronosphere's observability platform and Palo Alto Networks' AgentiX will transform observability from passive monitoring to autonomous remediation, addressing the critical data demands of the AI era [3][4]. - Chronosphere is recognized as a Leader in the 2025 Gartner Magic Quadrant for Observability Platforms, indicating its strong position in the market [4]. Group 3: Market Context - The growth of AI applications necessitates constant uptime and resilience, making real-time observability essential for success [2]. - Chronosphere's architecture is designed to handle vast cloud data volumes efficiently, which is crucial for modern AI workloads [2].

Core Insights - Palo Alto Networks reported a total revenue of $2.5 billion for fiscal Q1 2026, reflecting a 16% year-over-year growth compared to $2.1 billion in fiscal Q1 2025 [2] - The company achieved a GAAP net income of $334 million, or $0.47 per diluted share, down from $351 million, or $0.49 per diluted share in the same quarter last year [2] - Non-GAAP net income for the same period was $662 million, or $0.93 per diluted share, compared to $545 million, or $0.78 per diluted share in fiscal Q1 2025 [3] Financial Performance - Total revenue increased by 16% year-over-year to $2.5 billion [2] - GAAP net income decreased to $334 million from $351 million year-over-year [2] - Non-GAAP net income rose to $662 million from $545 million year-over-year [3] - Next-Generation Security Annual Recurring Revenue (ARR) grew 29% year-over-year to $5.9 billion [6] - Remaining performance obligation increased by 24% year-over-year to $15.5 billion [6] Strategic Initiatives - The company announced its intent to acquire Chronosphere, enhancing its capabilities in observability for data centers [4] - Strategic acquisitions, including CyberArk and Chronosphere, are expected to strengthen Palo Alto Networks' position in the AI-driven security landscape [4] - The appointment of Mark Goodburn to the board of directors and the retirement of Mary Pat McCarthy were also announced [5] Financial Outlook - For fiscal Q2 2026, Palo Alto Networks expects total revenue in the range of $2.57 billion to $2.59 billion, representing a year-over-year growth of 14% to 15% [7] - The company anticipates Next-Generation Security ARR to be between $6.11 billion and $6.14 billion, indicating a year-over-year growth of 28% [7] - The adjusted free cash flow margin is projected to be between 38% and 39% [8]

Core Insights - Palo Alto Networks announced the appointment of Mark Goodburn to its board of directors and the retirement of Mary Pat McCarthy effective January 23, 2026 [1][2][3] Group 1: Board Changes - Mark Goodburn will join the Audit Committee as chair and the Security Committee, bringing decades of experience in global advisory and technology [2] - Mary Pat McCarthy has served on the board since 2016 and will retire for personal reasons, stepping down as chair of the Audit Committee but remaining a member until her retirement [3] Group 2: Company Overview - Palo Alto Networks is recognized as a global leader in AI and cybersecurity, providing comprehensive AI-powered security solutions to over 70,000 organizations worldwide [4] - The company focuses on platformization to streamline security at scale, ensuring that protection fuels innovation [4]

Empowers IT teams to block threats earlier, reduce manual rule maintenance and accelerate time to protectionNatively integrates into AWS Network Firewall and deployable via AWS Management Console for seamless activation and managementExtends DNS-based threat intelligence across AWS environments, enabling consistent perimeter enforcement and reducing exposure to phishing, C2 and data exfiltration SANTA CLARA, Calif., Nov. 19, 2025 (GLOBE NEWSWIRE) -- Infoblox, the leader in uniting networking, security and c ...

Core Insights - SEALSQ Corp emphasizes the urgent need for organizations and governments to transition to quantum-resilient security due to the imminent threat posed by quantum computing [1][4] - Vitalik Buterin warns that quantum computers capable of breaking current cryptography may arrive as early as 2030, highlighting the necessity for immediate preparation [2][3] - SEALSQ and its parent company WISeKey are taking proactive measures to secure a post-quantum future through the development of advanced hardware and cryptographic frameworks [5][6] Company Actions - SEALSQ has announced a comprehensive Post-Quantum Cryptocurrency Protection Roadmap aimed at safeguarding digital assets across the blockchain ecosystem [5] - The roadmap includes the integration of NIST-selected algorithms and the development of quantum-resistant secure element chips and TPMs for hardware wallets [6][7] - SEALCOIN, a sister company, is leveraging SEALSQ's technology to ensure quantum-safe protection for M2M payments and contribute to quantum-resilience efforts within the blockchain ecosystem [8][9] Industry Context - The transition to post-quantum cryptography is critical as traditional methods like RSA and Elliptic Curve Cryptography are increasingly vulnerable to quantum threats [10][11] - SEALSQ is positioned as a leader in developing post-quantum semiconductors that provide robust protection for various applications, including healthcare, automotive, and industrial systems [11]