SynopsisPalo Alto Networks beat fourth-quarter ​earnings estimates on ​Tuesday and announced the acquisition of ​AI-native platform Console, saying advances in artificial intelligence are making cybersecurity a higher priority for corporate ‌technology ⁠leaders.AgenciesPalo Alto Networks beat fourth-quarter earnings estimates on Tuesday and announced the acquisition of AI-native platform Console, saying advances in artificial intelligence are making cybersecurity a higher priority for corporate ‌technology ⁠leaders.Here are ⁠more details:* Palo Alto Networks said ​it acquired Console, an AI-native platform designed to help ​organizations use AI-driven analysis and action across enterprise operations.* CEO Nikesh Arora ​said the acquisition will ⁠allow customers to "build ‌agentic workflows in natural ​language" ​that can automatically flag and remediate ⁠issues.* The growing use of AI ​is increasing cybersecurity needs, as companies ​deploy AI at scale and face new security risks.* The company posted fourth-quarter revenue of $3.41 billion, beating analysts' average estimate of $3.35 billion, according to ‌data compiled by LSEG.* Adjusted profit per share came ​in at $1.02, ​ahead of estimates ⁠of 98 cents.* The company forecast fiscal 2027 revenue of between $14.10 billion and $14.20 billion, ​above analysts' estimate of $13.79 billion.* Palo Alto Networks forecast fiscal 2027 adjusted profit per share of between $4.16 and $4.19, above estimates of $4.11.(Reporting by Anzar Mehraj in Bengaluru; Editing by Shailesh Kuber) ...moreElevate your knowledge and leadership skills at a cost cheaper than your daily tea.Subscribe Now