Palo Alto Networks is trading 10.78% up at $366.64 after investors refocused on strong fiscal fourth-quarter results.
- Revenue reached $3.41 billion, up 34% year over year, while adjusted EPS was $1.02, exceeding expectations of $0.98.
- Next-Generation Security ARR increased 63% to $9.10 billion.
- The gain represents a sharp rebound from the $330.65 September 11 close, despite broader market weakness.