Palo Alto Networks’ Key Earnings Drivers
Palo Alto Networks (PANW) has maintained strong bottom-line growth in the last five quarters, supported by robust demand for next-generation security products such as GlobalProtect and PAN-OS 8.0. Moreover, increased cyber threats to enterprises have boosted demand for security products, driving revenue and EPS (earnings per share). Advanced products backed by high-quality services have helped the company win large contracts. Also, US tax reform may continue to act as a strong catalyst for the company.