For the quarter ended January 2024, Palo Alto Networks (PANW) reported revenue of $1.98 billion, up 19.3% over the same period last year. EPS came in at $1.46, compared to $1.05 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.97 billion, representing a surprise of +0.22%. The company delivered an EPS surprise of +12.31%, with the consensus EPS estimate being $1.30.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall ...

Palo Alto Networks Inc. shares were tumbling in Tuesday’s extended session after the cybersecurity company came up short with its forecasts for the current quarter and trimmed its full-year revenue outlook. The company models fiscal third-quarter revenue of $1.95 billion to $1.98 billion along with $2.30 billion to $2.35 billion in billings, a metric that takes into account deferred revenue. The FactSet consensus was for $2.04 billion in revenue and $2.62 billion in billings. Palo Alto Networks PANW, -0 ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Shares of cybersecurity company Palo Alto Networks plunged 13% in extended trading Tuesday, after the company reported a beat on the top and bottom lines but lowered its full-year guidance for revenue and billings.Here's how the company did compared to LSEG, formerly Refinitiv, estimates:Earnings per share: $1.46, adjusted, vs. $1.30 expectedRevenue: $1.98 billion vs. $1.97 billion expectedThis is breaking news. Please check back for updates. ...

Palo Alto Networks Inc (NASDAQ: PANW) is trading down in extended hours even though its reported market-beating results for its fiscal second quarter.Why is Palo Alto Networks stock down in after-hours?Copy link to sectionThe stock is being punished primarily on the muted guidance. Palo Alto Networks now forecasts total billings to fall between $2.30 billion and $2.35 billion in Q3. Analysts, in comparison, were at billion. Still, Nikesh Arora – the chief executive of Palo Alto Networks said in a press rele ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________ FORM 10-Q _____________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended January 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-35594 PALO ALTO NETWORKS, INC. (Exact name of registrant as specified in its chart ...

Fool.com contributor Parkev Tatevosian evaluates where Palo Alto Networks' (PANW -0.39%) stock price will be by the end of 2024.*Stock prices used were the afternoon prices of Feb. 13, 2024. The video was published on Feb. 15, 2024. ...

Palo Alto Networks (PANW) is scheduled to report its second-quarter fiscal 2024 results on Feb 2.Palo Alto projects its fiscal second-quarter revenues in the range of $1.955-$1.985 billion, suggesting a year-over-year increase of 18-20%. The Zacks Consensus Estimate is pegged at $1.97 billion, implying growth of 19.1% from the year-ago reported figure.For the fiscal second quarter, the company expects non-GAAP earnings in the range of $1.29-$1.31 per share. The Zacks Consensus Estimate for PANW’s non-GAAP e ...

Wall Street analysts forecast that Palo Alto Networks (PANW) will report quarterly earnings of $1.30 per share in its upcoming release, pointing to a year-over-year increase of 23.8%. It is anticipated that revenues will amount to $1.97 billion, exhibiting an increase of 19.1% compared to the year-ago quarter.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their ini ...

Palo Alto Networks (PANW) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this security software maker have returned +10.9%, compared to the Zacks S&P 500 composite's +3.7% change. During this period, the Zacks Internet - Software industry, which Palo Alto falls in, has gained 13.1%. The key question now is: What could be the stock's future direction?Whil ...