Palo Alto Networks Inc. announced its third-quarter fiscal 2025 results, surpassing analyst forecasts in both revenue and earnings. The cybersecurity firm reported $2.29 billion in revenue, exceeding the $2.28 billion estimate, and adjusted earnings of 80 cents per share, above the 77 cents prediction. Their next-generation security saw a 34% increase in annual recurring revenue, reaching $5.1 billion. CEO Nikesh Arora discussed strides in the company's platform strategy and its significant role in sector consolidation. Palo Alto also boosted its full-year outlook, anticipating revenues between $9.17 billion and $9.19 billion and adjusted earnings per share from $3.26 to $3.28. Despite these achievements, the stock experienced a decline.