Palo Alto Networks reports Q4 revenue up 34% YoY to $3.41B, vs. $3.35B est., and acquires Console, which provides AI-powered IT service management (Samantha Subin/CNBC)
Palo Alto Networks paired a stronger-than-expected quarter with a deal for an AI IT operations startup.
Revenue for fiscal Q4 was $3.41 billion, up 34% year over year and ahead of the $3.35 billion estimate. The company also acquired Console, described as providing AI-powered IT service management. Palo Alto’s own deal note frames the acquisition as part of “agentify security.” Techmeme's note
Revenue for fiscal Q4 was $3.41 billion, up 34% year over year and ahead of the $3.35 billion estimate. The company also acquired Console, described as providing AI-powered IT service management. Palo Alto’s own deal note frames the acquisition as part of “agentify security.” Techmeme's note
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