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[ Fri, Feb 14th 2025 ]: MSN
The Week Ahead: February 14, 2025

Palo Alto Networks, Inc. (NASDAQ:PANW) Q2 2025 Earnings Call Transcript

Palo Alto Networks Inc. (NASDAQ: PANW) held its Q2 2025 earnings call, where the company reported a strong performance with total revenue reaching $2 billion, marking a 15% year-over-year increase. CEO Nikesh Arora highlighted the company's strategic shift towards platformization and consolidation, which has been well-received by customers, leading to a significant increase in deal sizes and a record number of deals over $10 million. The company also noted a 14% growth in next-generation security annual recurring revenue (ARR) and a 21% increase in remaining performance obligations (RPO). Despite these positive developments, the company faced challenges with billings, which were down 3% year-over-year due to a strategic shift in billing practices. Arora emphasized the focus on long-term growth over short-term billing metrics, expressing confidence in the company's future trajectory. The call also covered updates on product development, market expansion, and the company's approach to cybersecurity in an evolving threat landscape.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/companies/palo-alto-networks-inc-nasdaq-panw-q2-2025-earnings-call-transcript/ar-AA1z6GWb ]