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Palo Alto Networks' Market Value Nearly Triples in a Year to About $295 Billion

3-line summary

  • Palo Alto Networks' market value rose from about $113 billion a year ago to roughly $295 billion, a gain of more than 150%, according to a Motley Fool report via Yahoo Finance.
  • The company's fiscal Q3 revenue rose 31% year over year to $3.0 billion, and its next-generation security annual recurring revenue reached $8.1 billion, up 60% year over year.

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