Palo Alto Networks Stock Declines Despite Better-Than-Expected Earnings

Reported 27 days ago

Palo Alto Networks shares fell on Friday morning despite the company reporting fiscal second quarter results that slightly exceeded estimates, with adjusted earnings per share at $0.81 and revenue at $2.26 billion. The company's projections for the upcoming quarter and full fiscal year aligned closely with analyst expectations. Additionally, two new board members were appointed, expanding the board to 11 members.

Source: YAHOO

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