Big Demand for Cyber Protection Powers Palo Alto Networks Results, Outlook
1. Palo Alto Networks beat profit and sales estimates significantly. 2. Fourth-quarter revenue increased 16% year-over-year to $2.54 billion. 3. Fiscal 2026 guidance exceeds analyst forecasts for EPS and revenue. 4. Founder Nir Zuk steps down as CTO, being replaced by Lee Klarich. 5. Shares jumped 7% after positive earnings report and guidance.