UPDATE—Aug. 19, 2024: This article has been updated to reflect more recent analyst estimates and share price information.

Palo Alto Networks (PANW) is set to report results for its fiscal fourth quarter after markets close on Monday, with investors likely watching for a strong 2025 outlook and updates on its "platformization" strategy.

Analysts project revenue to grow to $2.16 billion from $1.95 billion a year ago, according to estimates compiled by Visible Alpha. Net income is expected to come in at $234.97 million, or 66 cents per share, a slight increase from the year-ago period but also a sequential drop.

Key Metrics: 2025 Outlook

Spending fatigue among Palo Alto Networks' customers has been a major theme of the company's results in recent quarters, signaling headwinds in the cybersecurity industry. Palo Alto Networks' guidance has been used as an indicator for the sector.

The company is expected to provide guidance for the full fiscal 2025 with analysts expecting revenue of $9.09 billion. Last year, Palo Alto offered outlooks for billings, revenue, net income per share and free cash flow margins.

Business Spotlight: CrowdStrike Outage Impact

Palo Alto Networks has been leaning into its platformization efforts, where it conso𒐪lidates its cyber🔥security services on its platform and bundles offers, a bid to become a one-stop shop and offset spending fatigue.

While Palo Alto Networks has 澳洲幸运5官方开奖结果体彩网:indicated that platformization has been positively received by customers, the recent 澳洲幸运5官方开奖结果体彩网:global outage caused by a faulty 澳洲幸运5官方开奖结果体彩网:CrowdStrike (CRWD) update could raise questions about the outlook f꧅or the market.

The company could also comment on whether the incident might lead to customers leaving CrowdStrike in search of alternative cybersecurity providers. Analysts have said Palo Alto Networks could gain customers.

Palo Alto shares were 2.3% higher at $341.64 as of 10:45 a.m. ET Monday, ahead of the company's earnings release after the bell. They've gained close to 16% so far this year.