Palo Alto Networks recently announced its earnings for the fourth quarter of the fiscal year 2024. Delivering an estimate-beating $2.19 billion quarter, the company demonstrated robust financial performance, driven by strategic platformization efforts and significant advancements in its next-generation security offerings.
This Research Note provides an overview of the key financial and non-financial highlights from the earnings report and the company’s guidance, its outlook for the upcoming fiscal year, and goes deep into the impact of platformization and subscriptions on its business.
