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Digi International expects ARR and profit growth to outpace revenue as recurring revenue hits 30% of trailing 12-month total

President and CEO Ronald E. Konezny stated Digi "delivered a strong quarter returning to year-over-year revenue growth" and highlighted that annual recurring revenue (ARR) grew double digits year-over ...
Yahoo Finance

PANW's SASE ARR Hits $1.3B: Is Prisma Browser the Key Driver?

Palo Alto Networks PANW is witnessing strong growth in its Secure Access Service Edge (SASE) business. In fiscal 2025, SASE’s annual recurring revenue (ARR) reached about $1.3 billion, representing a ...
TechCrunch

Wiz hopes to hit $1B in ARR in 2025 before an IPO, after turning down Google’s $23B

Wiz co-founder and VP of R&D Roy Reznik told CNBC last week that the company has hit $500 million in annual recurring revenue, and plans to double that in 2025 to $1 billion. He also reiterated that ...
Yahoo Finance

CRWD's Next-Gen SIEM ARR Hits $430M: Will it Fuel Growth Momentum?

CrowdStrike CRWD is seeing strong momentum in its Next Generation (Next-Gen) Security Information and Event Management (SIEM) as part of its mission to protect enterprises against evolving cyber ...
Nasdaq

Palo Alto Networks Hits $5B in NGS ARR: What's Fueling the Surge?

Palo Alto Networks PANW surpassed a key milestone during the third quarter of fiscal 2025, wherein the annual recurring revenues (ARR) for its next-generation security (NGS) solutions hit the $5 ...