Monitorul de Ştiri | Palo Alto shares fall as deal costs pile up amid AI security push

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Palo Alto shares fall as deal costs pile up amid AI security push

Cybersecurity

Feb 18 : Palo Alto shares fell 6 per cent in pre-market trading on Wednesday after the cybersecurity firm lowered its annual profit forecast on higher integration costs related to recent acquisitions, including its $25 billion CyberArk deal. The company has been repositioning itself as a one‑stop shop as AI‑driven threats push customers toward integrated platforms, but rising integration costs from recent deals, including a $2.3 billion outlay for CyberArk in the fiscal third quarter, are

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Palo Alto shares fall as deal costs pile up amid AI security push https://www.channelnewsasia.com/ - 16:09

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Palo Alto shares fall as deal costs pile up amid AI security push https://www.channelnewsasia.com/ - 16:09

Palo Alto Networks cuts annual profit forecast as deal costs bite, shares fall https://www.channelnewsasia.com/ - 01:48

Palo Alto Networks slumps 6% as third quarter profit guidance falls short https://www.cnbc.com - 01:23