PALO ALTO NETWORKS:经营数据向好 平台化战略持续被验证

中金公司
22 Nov 2024

PANW 1QFY25 业绩小幅高于我们预期公司公布1QFY25 业绩:收入21.4 亿美元,同比增长13.9%,环比下降2.3%,其中,产品收入同比增长3.7%至3.5 亿美元,订阅收入同比增长20.6%至11.9 亿美元,支持收入同比增长8.1%至5.9 亿美元;GAAP 端毛利率同比下滑0.7ppt 至74.1%,产品毛利率同比提升1.5ppt 至78.8%,订阅服务和支持毛利率同比下滑...

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