Palo Alto Networks, Stronger-Than-Expected Forecast
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CNBC’s MacKenzie Sigalos reports on the cybersecurity firm’s stronger-than-expected results, upbeat guidance, and executive shakeup — all after a rocky stretch following its $25 billion CyberArk deal.
Live Updates Live Coverage Updates appear automatically as they are published. Here's Exactly What Palo Alto Forecast For This Quarter 3:23 pm Here’s what Palo Alto forecast for this quarter when they last issued earnings: Next-Generation Security ARR of $5.
Palo Alto Networks CEO Nikesh Arora talked about growth in security, enterprise browsers and more as adoption of cloud and AI positions the cybersecurity vendor well.
Palo Alto Networks, Inc. (NASDAQ:PANW) is one of the Most Profitable Large Cap Stocks to Buy According to Analysts. On August 14, Shrenik Kothari from Robert W. Baird maintained a Buy rating on Palo Alto Networks,
The company said that Nir Zuk has also stepped down as a board member and will be succeeded as CTO by Chief Product Officer Lee Klarich, who has been appointed to the board.
Palo Alto Networks (PANW) shares were active in extended trading on Monday as the cybersecurity company posted fiscal fourth-quarter results. Read for more.
Palo Alto Networks (PANW) reported fiscal fourth quarter adjusted earnings of $0.95 per share. Revenue of $2.5 billion was in line with expectations. For the full year, the tech company sees adjusted earnings in a range of $3.
Just a few weeks ago, Palo Alto Networks announced that it is acquiring Israeli cybersecurity company CyberArk (Nasdaq: CYBR) for $25 billion - the second largest exit in Israeli history. The deal is mainly in Palo Alto Networks shares.
The stock market presented a mixed picture on Friday, with the S&P 500 and the Dow Jones Industrial Average indices closing lower.