Palo Alto Networks reports a 14% revenue rise to $2.14B and announces a 2-for-1 stock split.

Palo Alto Networks' stock has recovered following a strong start to fiscal 2025, reporting a 14% revenue increase to $2.14 billion. The company is seeing success with its strategy of bundling security services, adding 70 new customers in the quarter. They aim for 2,500 to 3,500 service-bundling deals by 2030. Additionally, Palo Alto announced a 2-for-1 stock split, set to take effect in mid-December, to make shares more accessible to investors.

November 24, 2024
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