Palo Alto Networks Beats Estimates and Buys Console
Palo Alto Networks reported fourth-quarter revenue and profit that topped analyst estimates and announced the acquisition of AI platform Console. The company also issued fiscal 2027 guidance above expectations.
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Palo Alto Networks Inc posted fourth-quarter revenue of $3.41B and acquired AI-native platform Console on Tuesday evening. The cybersecurity giant topped analyst expectations across key earnings metrics. Corporate technology leaders are accelerating security spending amid rising artificial intelligence deployment.
