{"id":5412,"date":"2025-02-15T10:38:19","date_gmt":"2025-02-15T10:38:19","guid":{"rendered":"https:\/\/fusionmindlabs.com\/blogs\/palo-alto-boosts-revenue-forecast\/"},"modified":"2025-02-15T10:38:19","modified_gmt":"2025-02-15T10:38:19","slug":"palo-alto-boosts-revenue-forecast","status":"publish","type":"post","link":"https:\/\/fusionmindlabs.com\/blogs\/palo-alto-boosts-revenue-forecast\/","title":{"rendered":"Palo Alto Boosts Revenue Forecast"},"content":{"rendered":"\n<br \/>Here is a rewritten version of the content without changing its meaning, retaining the original length, and keeping proper headings and titles:<\/p>\n<div>\n    <!-- Display video article in news article for the custom next story --><br \/>\n    <!-- Modifying the body placing embeds, promoslots, related etc.--><br \/>\n    <a id=\"19990328\" type=\"General\" weightage=\"20\" keywordseo=\"Palo-Alto-Networks\" source=\"keywords\" meta.keywordsubtype=\"org\" meta.entityname=\"Palo Alto Networks\" meta.hostid=\"314\" meta.entityid=\"Palo Alto Networks\" class=\"news-keywords\" href=\"https:\/\/ciso.economictimes.indiatimes.com\/tag\/palo+alto+networks\" rel=\"nofollow noopener\" target=\"_blank\">Palo Alto Networks<\/a> has increased its full-year <a id=\"19910820\" type=\"General\" weightage=\"20\" keywordseo=\"revenue-forecast\" source=\"keywords\" class=\"news-keywords\" href=\"https:\/\/ciso.economictimes.indiatimes.com\/tag\/revenue+forecast\" rel=\"nofollow noopener\" target=\"_blank\">revenue forecast<\/a> on Thursday, driven by expectations of a surge in demand for the company&#8217;s cybersecurity solutions to combat rising online threats.<\/p>\n<p><a id=\"22681691\" type=\"General\" weightage=\"20\" keywordseo=\"Enterprise-clients\" source=\"keywords\" class=\"news-keywords\" href=\"https:\/\/ciso.economictimes.indiatimes.com\/tag\/enterprise+clients\" rel=\"nofollow noopener\" target=\"_blank\">Enterprise clients<\/a> continue to invest in <a id=\"22614570\" type=\"General\" weightage=\"20\" keywordseo=\"AI-powered-cybersecurity\" source=\"keywords\" class=\"news-keywords\" href=\"https:\/\/ciso.economictimes.indiatimes.com\/tag\/ai-powered+cybersecurity\" rel=\"nofollow noopener\" target=\"_blank\">AI-powered cybersecurity<\/a> products, as they fear that increasing digital scams and high-profile security incidents could impact their business operations and reputation.<\/p>\n<p><!-- PROMOSLOT_M --> &#8220;In Q2, our strong business performance was fueled by customers adopting technology driven by the imperative of AI, including cloud investment and infrastructure modernization,&#8221; said CEO Nikesh Arora.<\/p>\n<p>    Analysts believe that Palo Alto is well-positioned to capitalize on the AI opportunity, as its proprietary data and large technology footprint provide a significant advantage in driving AI outcomes against competitors.<\/p>\n<p><!-- PROMOSLOT_M --> In January, Palo Alto announced that it would work with IBM UK on a multi-year project to develop the Emergency Services Network in Great Britain.<\/p>\n<p>The company also announced the addition of <a id=\"25465777\" type=\"General\" weightage=\"20\" keywordseo=\"Helle-Thorning-Schmidt\" source=\"keywords\" class=\"news-keywords\" href=\"https:\/\/ciso.economictimes.indiatimes.com\/tag\/helle+thorning-schmidt\" rel=\"nofollow noopener\" target=\"_blank\">Helle Thorning-Schmidt<\/a>, former Prime Minister of Denmark, and <a id=\"25465778\" type=\"General\" weightage=\"20\" keywordseo=\"Ralph-Hamers\" source=\"keywords\" class=\"news-keywords\" href=\"https:\/\/ciso.economictimes.indiatimes.com\/tag\/ralph+hamers\" rel=\"nofollow noopener\" target=\"_blank\">Ralph Hamers<\/a>, former CEO of UBS Group AG and ING Group, to its board.<\/p>\n<p>Palo Alto raised its fiscal year 2025 revenue forecast to between $9.14 billion and $9.19 billion, up from its prior projection of between $9.12 billion and $9.17 billion. Analysts, on average, expect $9.15 billion in revenue, according to data compiled by LSEG.<\/p>\n<p>    The company projected third-quarter revenue of between $2.26 billion and $2.29 billion, compared to analysts&#8217; average estimate of $2.27 billion.<\/p>\n<p>Revenue for the second quarter ended January 31 grew 14% to $2.26 billion, slightly above estimates of $2.24 billion.<\/p>\n<p>The company&#8217;s adjusted profit per share was 81 cents for the quarter, beating estimates of 78 cents. (Reporting by Juby Babu in Mexico City; Editing by Anil D&#8217;Silva)<\/p>\n<div class=\"bottom-author-detail\">\n<ul class=\"article-publish-date\">\n            <!-- \n\n<li> Updated On Feb 14, 2025 at 10:36 AM IST<\/li>\n\n --><\/p>\n<li>Published On Feb 14, 2025 at 10:34 AM IST<\/li>\n<p>            <!-- \n\n<li class=\"desktop-view\">1 min read<\/li>\n\n -->\n        <\/ul>\n<\/p><\/div>\n<p>    <!-- Category Most Read Placement --><br \/>\n    <!-- Comment Section --><br \/>\n    <!-- Comment Section --><\/p>\n<div class=\"subscription-in-article\">\n<div aria-label=\"Top Newsletter Subscription Section\" class=\"top-newsletter-subs\">\n<div class=\"subscription-section hide\">\n<div class=\"inner-subscription\">\n<p><h2>Join the community of 2M+ industry professionals<\/h2>\n<h3>Subscribe to our newsletter to get the latest insights and analysis.<\/h3>\n<\/p>\n<figure class=\"top-newsletter-subs__icon-nl\" role=\"presentation\" aria-label=\"Newsletter icon\">\n                  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