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Accenture, Microsoft, and Amazon have all tapped this provider of network firewalls as a strategic partner and customers such as Austrian Airlines, Motorola, Qualcomm, and Raymond James have selected the company to safeguard their data and prevent them from being the latest victim of a cyberattack. The company’s stock got hammered early in 2017, falling 25% in a week, after it missed sales estimates for its fiscal second quarter. But strong results since indicate that its ­financial performance is back on track. To step up the pace of innovation, the company recently launched a $20 million security venture fund with a goal of driving development of new security applications on its own proprietary platforms.

Company Information

Overall Score3.1
Sector
Technology
Industry
Network and Other Communications Equipment
CEO
Mark D. McLaughlin
Websitehttp://www.paloaltonetworks.com
Employees4,562
HQ Location
Santa Clara, Calif.
Revenues ($M) (Past 12 Months)$1,762
Profits ($M) (Past 12 Months)$-217
Market Value as of Oct. 9, 2017 ($M)$13,448