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Starting in 2011, Gartner began listing Palo Alto Networks as a leader in the Magic Quadrant for Network Firewalls. [14] [better source needed] The company debuted on the NYSE on July 20, 2012, raising $260 million with its initial public offering, which was the 4th-largest tech IPO of 2012.
For its fiscal 2024 third quarter (the period ended in April), Palo Alto Networks beat its own expectations for revenue growth with a 15% year-over-year increase to $2 billion.
Accel, formerly known as Accel Partners, is an American venture capital firm. Accel works with startups in seed, early and growth-stage investments. The company has offices in Palo Alto, California and San Francisco, California, with additional operating funds in London, [1] [2] India [3] and China (through a partnership with International Data Group (IDG-Accel)).
Shares of Palo Alto Networks (NASDAQ: PANW) climbed 15% in June, according to data provided by S&P Global Market Intelligence.After a poorly received earnings report in May, investors were excited ...
The Palo Alto Networks Inc. logo, the American multinational cybersecurity company, being displayed on their stand during the Mobile World Congress 2023 on March 2, 2023, in Barcelona, Spain.
Juniper Networks, Inc. is an American multinational corporation headquartered in Sunnyvale, California. The company develops and markets networking products, including routers, switches, network management software, network security products, and software-defined networking technology. The company was founded in 1996 by Pradeep Sindhu, with ...
Prior to the IPO, the company rejected a $2 billion offer to be acquired by Cisco. [9] Zscaler stock was added to the Nasdaq-100 index on December 17, 2021. [ 11 ] In 2024, the company acquired Israel-based data security startup, Avalor, for $250 million and network segmentation startup, Airgap Network, for an undisclosed amount.
Palo Alto Networks produced earnings per share of $1.10 versus projections of $0.93, per Bloomberg consensus data. Third quarter revenue of $1.72 billion fell in line with estimates.