Reported 1 day ago
Palo Alto Networks (PANW) reported fiscal Q4 adjusted earnings of $0.95 per share and revenue of $2.5 billion, meeting expectations. The company's new full-year earnings outlook of $3.75 to $3.85 per share surpassed previous estimates. With a revenue forecast of $10.48 to $10.53 billion, beating the anticipated $10.44 billion, the stock jumped over 6% in after-hours trading. Analysts remain optimistic about the firm's growth potential despite recent market challenges, especially following its upcoming CyberArk acquisition.
Source: YAHOO