Palo Alto Networks Completes Acquisition of Demisto

Palo Alto Networks (NYSE: PANW), the global cybersecurity leader, today announced it has completed its acquisition of Demisto, a leading cybersecurity company specializing in security orchestration, automation and response, or SOAR. The acquisition accelerates Palo Alto Networks Cortex™ AI-based continuous security platform strategy and further advances the company’s ability to deliver automated threat prevention and response for security teams.

News Releases

Q2’19 Quarterly Highlights

Total Revenue

$711.2M +30% year over year

Total Billings1

$852.5M +27% year over year


$1.51 +44% year over year

Total Cash, Cash Equivalents & Investments

$3,639M +54% year over year

(1)Billings is a key financial metric defined as total revenue plus change in total deferred revenue, net of acquired deferred revenue during the period. Please see our Q2 FY19 Supplemental Financial Information posted on the investor section of our corporate website for the billings calculations.

(2)Non-GAAP EPS is a non-GAAP financial measure. Ssee our Q2 FY19 Supplemental Financial Information posted on the investor section of our corporate website for a reconciliation to the most comparable GAAP financial measure.

Quarterly Reports

Recent Events

Company profile

We are the global cybersecurity leader, known for always challenging the security status quo. Our mission is to protect our way of life in the digital age by preventing successful cyberattacks. This has given us the privilege of safely enabling tens of thousands of organizations and their customers. Our pioneering Security Operating Platform safeguards your digital transformation with continuous innovation that combines the latest breakthroughs in security, automation, and analytics. By delivering you a true platform and empowering a growing ecosystem of change-makers like us, we provide you highly effective and innovative cybersecurity across clouds, networks, and mobile devices. Across the world, customers love our security and consistently award us the highest loyalty ratings and net promoter scores in the industry.

>59,000 Customers Acquired

>150 Countries

>5,700 Employees

$22.19B Market Cap

Note: Metrics as of November 29th, 2018