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Palo Alto Networks stock plunges on full-year revenue guidance cut

Palo Alto Networks stock plunges on fullyear revenue guidance cut
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.

For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

Editor's note: This article was written by Stephanie Mikulich

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