PANW red flag and green flag

Red flag:　The CEO implied that there is a pricing war, among cyber security vendors---"Customers want more for their bucks". In this case, For the same sales volumn, they generate less dollar revenues, pressuring their margin and profit.  

Green light: But their cash flow is still very strong, Cyber security is still a secular growth story, and US gov, are keeping spending heavily. AI does increase the demand for cyber security. 

Just want to share some information here, No recommendation.