Palo Alto Networks Booms With Tech Security Demand

By | September 9, 2014

Scalper1 News

Palo Alto Networks late Tuesday reported accelerating revenue growth in fiscal Q4 and gave bullish sales guidance, as a slew of high-profile network breaches spur demand for its firewalls and other computer security products. Palo Alto Networks (PANW) stock rose 4% in late trading to 92.77, which would be a new high. “Enterprises around the world are recognizing their security is lacking,” CEO Mark McLaughlin said in a Scalper1 News

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