Palo Alto Networks Q2 sales fall short amid firewall malaise
Summary
Palo Altos second quarter sales fell well short of expectations due to the incentives related to its next-gen products a year ago. Palo Alto Networks also launched Cortex XSOAR, an extended security orchestration, automation and response platform. Cortex XSOAR was built in part using technology from Demisto, a company acquired by Palo Alto a year ago. Were still in early stages, but we have closed some deals and are seeing heightened interest from our customers and positive feedback on the vision and simplicity volition solution. Finally, were seeing signs and early indicators that we track across our business where we are likely to see some product growth resumed in the fiscal fourth quarter.
Classifications
industries
No industries detected
applications
Networking and Cloud
AskAI Classifications
Labels
Cybersecurity Software
SaaS
Network Security
