Palo Alto Networks Inc. reported third-quarter fiscal 2025 results on Tuesday after market close, exceeding analyst expectations on both revenue and earnings, according to Benzinga Pro. The cybersecurity company posted revenue of $2.29 billion, topping the $2.28 billion estimate, and adjusted earnings of 80 cents per share, beating projections of 77 cents. Annual recurring revenue from next-generation security surged 34% to $5.1 billion. CEO Nikesh Arora highlighted progress on the company’s “platformization” strategy and emphasized its consolidation role in the sector. The company raised its full-year outlook, expecting revenue between $9.17 billion and $9.19 billion and adjusted earnings of $3.26 to $3.28 per share.
