Feb 13 (Reuters) - Palo Alto Networks ( PANW ) raised

its full-year revenue forecast on Thursday, on expectations of a

surge in demand for the company's cybersecurity solutions to

tackle rising online threats.

Enterprise clients continue to invest in AI-powered

cybersecurity products as they fear that rising digital scams

and high-profile security incidents could impact their business

operations and put their reputation at stake.

"In Q2, our strong business performance was fueled by

customers adopting technology driven by the imperative of AI,

including cloud investment and infrastructure modernization,"

CEO Nikesh Arora said.

Analysts believe Palo Alto is well-positioned to capitalize

on the AI opportunity, as its proprietary data and large

technology footprint provide a significant advantage in driving

AI outcomes against competitors.

In January, Palo Alto said it would work with IBM UK on a

multi-year project to develop the Emergency Services Network in

Great Britain.

The company also said it had added Helle Thorning-Schmidt,

former prime minister of Denmark, and Ralph Hamers, former CEO

of UBS Group AG and ING Group, to its board.

Palo Alto raised it fiscal year 2025 revenue forecast to

between $9.14 billion and $9.19 billion, up from its prior

projection of between $9.12 billion and $9.17 billion. Analysts,

on average, expect $9.15 billion in revenue, according to data

compiled by LSEG.

It projected third-quarter revenue of between $2.26

billion and $2.29 billion, compared with analysts' average

estimate of $2.27 billion.

Revenue for the second quarter ended January 31 grew 14% to

$2.26 billion, slightly above estimates of $2.24 billion.

The company's adjusted profit per share was 81 cents for the

quarter, beating estimates of 78 cents.

(Reporting by Juby Babu in Mexico City; Editing by Anil

D'Silva)