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Stock impact report

Palo Alto shares fall as deal costs pile up amid AI security push [BNN Bloomberg (Canada)]

CyberArk Software Ltd. - Ordinary Shares (CYBR) 
Last cyberark software ltd. - ordinary shares earnings: 2/12 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.cyberark.com
Company Research Source: BNN Bloomberg
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 weighing on profit. Palo Alto Networks has struck several major deals in recent months, including the acquisition of Israeli cybersecurity startup Koi and a $3.35 billion agreement to acquire cloud management and monitoring firm Chronosphere. It completed the CyberArk purchase earlier in February. Despite near-term margin compression and profitability headwinds from the deals, analysts remain confident in Palo Alto's long-term strategy, particularly in identity security and observability. “The profitability ‘cut' is mostly due to the firm's acquisitions and we see the firm being able to leverage these acquisitions by cross-selling its exist Show less Read more
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