AcquisitionsPalo Alto Networks announced its intent to acquire Chronosphere, a platform with strong ARR growth, which should help expand development opportunities in a high-growth industry.
Financial PerformancePalo Alto Networks' revenue was up 15.7% year-over-year, surpassing Bloomberg consensus expectations.
Product GrowthSolid Next-Generation Security products revenue growth, with the number of active SASE customers and ARR showing significant year-over-year increases.