Welcome to our dedicated page for Palo Alto news (Ticker: PANW), a resource for investors and traders seeking the latest updates and insights on Palo Alto stock.
Palo Alto Networks (PANW) is a global leader in AI-powered cybersecurity solutions, providing unified platform protection for networks, clouds, and security operations. This dedicated news hub delivers official updates and analysis for stakeholders tracking the company's strategic developments in enterprise security.
Access curated press releases and verified news covering product innovations, financial results, and strategic partnerships. Our repository includes updates on PANW's advanced security platforms like Cortex XSIAM and Prisma Cloud, along with market-moving developments in threat intelligence and zero trust architecture.
Key content categories include quarterly earnings announcements, technology breakthroughs in AI-driven security operations, executive leadership updates, and cybersecurity industry trends. Investors gain insights into PANW's platformization strategy and its position in the evolving digital defense landscape.
Bookmark this page for streamlined access to Palo Alto Networks' official communications and expert analysis of their cybersecurity leadership. Check regularly for updates on how PANW continues to shape enterprise security through integrated cloud, network, and SOC solutions.
Palo Alto Networks (NYSE: PANW) will announce its fiscal Q3 2021 financial results, ending April 30, 2021, after market close on May 20, 2021. A video webcast is scheduled for 2 p.m. Pacific time on the same day to discuss these results. Interested parties can access the live webcast from the 'Investors' section of the company's website. A replay will be available shortly after the event and archived for one year. A press release will be published before the webcast begins.
Palo Alto Networks (NYSE: PANW) announced innovations to Prisma Cloud to enhance security for unprotected workloads. New features include auto-detection for virtual machines across major cloud platforms, the industry's first comprehensive cloud native attack dashboard utilizing the MITRE ATT&CK framework, and advanced anti-malware capabilities. Compliance checks are simplified for hosts and containers, and open-source license analysis is expanded. These capabilities are available in Prisma Cloud Compute Edition today, with broader release by late May.
Palo Alto Networks (PANW) announced the establishment of a new cybersecurity consulting group called Unit 42 at the Cortex Symphony 2021. This group merges experienced security consultants from Crypsis with the established threat research team, addressing over 1,300 cyber incidents annually. The initiative aims to combat rising cyber threats like ransomware and espionage, enhancing rapid response capabilities and expanding services internationally. This move emphasizes the critical need for up-to-date threat intelligence and expert support amidst increasing cyberattacks.
Palo Alto Networks (NYSE: PANW) has launched Checkov 2.0, the second generation of its static analysis tool for infrastructure as code (IaC), enhancing cloud security capabilities. This update includes over 200 new policies and a new Dockerfile scanner to ensure secure container builds. Checkov 2.0 utilizes a graph-based model for improved misconfiguration identification, allowing developers to prioritize and understand risks effectively. The tool's adoption is bolstered by a survey indicating that 70% of organizations value secure coding practices, aligning with the shift towards DevSecOps.
Palo Alto Networks (NYSE: PANW) has been chosen by DISH Network Corporation (NASDAQ: DISH) to secure the U.S.' first cloud-native 5G OpenRAN network. DISH aims to integrate 5G-native security solutions from day one to transform wireless connectivity. Palo Alto will provide cutting-edge security services, including VM-series and CN-series Next-Generation Firewalls, and Prisma Cloud. This partnership is expected to enhance business transformation across various sectors leveraging the secure 5G network.
Palo Alto Networks (NYSE: PANW) has appointed Dipak Golechha as its new chief financial officer, effective immediately, following the departure of Luis Visoso. Golechha, who joined the company in late 2020, brings extensive financial experience from Procter & Gamble and Excelligence Learning Corporation. Jean Compeau is appointed deputy CFO and will continue as chief accounting officer. CEO Nikesh Arora expressed confidence in the finance team's capability to drive growth and enhance shareholder value.
Palo Alto Networks (NYSE: PANW) announced a partnership with Alkira to enhance Koch Industries' cloud network transformation. Koch, with an annual revenue of $115 billion, has deployed Alkira's Cloud Services Exchange and Palo Alto's VM-Series firewalls to secure its enterprise infrastructure. This collaboration allows Koch to manage its complex network infrastructure more efficiently with faster provisioning times. Koch has reported significant improvements in network agility and operational simplicity, providing end-to-end security across its global operations.
Palo Alto Networks (PANW) has completed the acquisition of Bridgecrew for approximately $156 million. This acquisition enhances its Prisma Cloud platform, enabling 'shift left' security and providing developers with security capabilities throughout the software development lifecycle. With Bridgecrew’s widely adopted open-source infrastructure as code scanner, Checkov, surpassing 1 million downloads, Palo Alto Networks aims to invest in its community and extend its security offerings. This move strengthens Palo Alto's commitment to developer-led security.
Palo Alto Networks (NYSE: PANW) has launched NextWave 3.0, enhancing its partner program with new specializations, incentives, and training designed to help partners thrive in a rapidly evolving security landscape. The program offers three new specializations—Prisma SASE, Prisma Cloud, and Cortex XDR/XSOAR—along with incentives to boost partner profitability. This initiative supports 6,500 partners and addresses the growing demand for specialized security expertise amidst increasing cyber threats.
Palo Alto Networks (PANW) reported a 25% year-over-year revenue growth for fiscal Q2 2021, totaling $1.0 billion, compared to $816.7 million in the same quarter last year. However, the company posted a GAAP net loss of $142.3 million or $1.48 per diluted share. In contrast, non-GAAP net income was $154.2 million or $1.55 per diluted share. For fiscal Q3 2021, they anticipate total revenue between $1.05 billion and $1.06 billion, with full-year guidance increased to $4.15 billion to $4.20 billion.
