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United States Palo Alto Networks stock plunges on full-year revenue guidance cut
20 Feb 2024
Yahoo Finance
Shares of Palo Alto Networks (PANW) fell in after-hours trading after posting its second-quarter results. Adjusted earnings per share of $1.46 was better than the Wall Street estimates of $1.30. Revenue of $1.98 billion was in line with expectations The c
Shares of Palo Alto Networks (PANW) fell in after-hours trading after posting its second-quarter results. Adjusted earnings per share of $1.46 was better than the Wall Street estimates of $1.30. Revenue of $1.98 billion was in line with expectations The company also issued disappointing third-quarter revenue guidance and reduced its full-year revenue guidance.
Yahoo Finance's Julie Hyman and Josh Lipton break the numbers.
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Editor's note: This article was written by Stephanie Mikulich
