The global cyber security market is projected to grow 14% annually from $172.32 billion in 2023 to $424.97 billion in 2030. Cyber security player Palo Alto Networks (NYSE: PANW) recently reported its quarterly earnings that outpaced the market expectations and sent its stock climbing 15% in the after-hours trading session. Palo Alto Network's Financials Its fourth quarter revenues grew 26% to $2 billion, significantly ahead of the Street's estimate of $1.96 billion. This was the 12th consecutive quarter that the company reported a revenue growth of more than 20%. Net income was $482.51 million or $1.44 per share compared with a net income of $254.1 million or $0.80 per share a year ago. Analyst estimate was EPS of $1.28. By segment, Product revenues grew 24.3% to $507.4 million. Subscription and support revenues grew 27.4% to $1.446 billion. For the fiscal year, revenues grew 25% to $6.9 billion. EPS was $4.44 per share compared with a net loss of