According to Finchat, analysts expect the Santa Clara, California-based company to report third-quarter adjusted earnings per share of $0.77 on revenue of $2.28 billion.
CEO John Giamatteo said the company witnessed another quarter of strong financial performance from all three divisions, namely QNX, Secure Communications and Licensing.
Palo Alto will provide the NHL network security with its next-generation firewalls, cloud security, and artificial intelligence-powered security operations.
CrowdStrike launches new Services Partner Program to support global system integrators, managed service providers, and managed security service providers in driving SIEM transformation and enhancing security solutions.
Cisco (CSCO) unveils vision for agentic AI collaboration & introduces new AI-powered solutions for customers, employees & IT teams, enhancing productivity & customer experience. New features & updates include Webex AI Agent, Webex Calling Customer Assist, & more. Stock up 1.39% at $60.66 in premarket. Invest in CSCO through iShares U.S. Telecommunications ETF (IYZ) & First Trust NASDAQ Cybersecurity ETF (CIBR).
Cybersecurity ETFs are in the news after reports of US halting cyber attacks on Russia, reigniting investor interest. Notable options include BUG, CIBR, and HACK.
Analysts noted that Okta’s sales productivity had reached a multi-year high and expressed increased confidence that its newer offerings have the potential to drive long-term revenue growth.
Piper Sandler noted that Akamai’s guidance was even lower than anticipated and flagged concerns over slowing growth, declining margins, increased capital expenditures, and revenue substitution risks.
Better-than-expected fiscal year 2025 third-quarter results, released in late December, and the divestment of the Cylance endpoint security business provided a boost to the stock.
CEO Nikesh Arora said the strong second-quarter performance was fueled by customers adopting technology driven by the imperative of AI, including cloud investment and infrastructure modernization.
BlackBerry shares have been on a tear since breaking out of a trading range in early December, and they have added over 75% since the start of the year.
Wedbush’s Daniel Ives said “seeds of growth” are now in place for an important second half amid the threat of elevated and sophisticated cyber threat activity.
Cyber threats are evolving rapidly, driving demand for cybersecurity companies. ETFs like WCBR, BUG, and CIBR offer exposure to this high-growth sector.
The cybersecurity company’s revenue growth outpaced expectations, driven by a surge in large enterprise customers, but retail investors on Stocktwits remain cautious about its full-year guidance.
