BUZZ-Palo Alto falls after second-quarter results

Reuters
02-15
BUZZ-Palo Alto falls after second-quarter results

** Shares of cybersecurity company Palo Alto Networks PANW.O fall 5.1% to $191.54

** The company on Thursday raised it fiscal 2025 revenue forecast to between $9.14 billion and $9.19 billion, up from its prior projection of between $9.12 billion and $9.17 billion vs analysts' expectation of $9.15 billion — LSEG

** "The company beat the revenue consensus of $2.24B by $17M but increased its annual revenue guidance range by only $20M (and perhaps some investors wanted more here)," brokerage FBN says

** Rate of returns from the next-generation security system, which protects public and private clouds, has not increased year over year for two quarters in a row, FBN adds

** PANW sees third-quarter revenue between $2.26 billion and $2.29 billion, vs analysts' estimate of $2.27 billion

** Revenue for the second quarter grew 14% to $2.26 billion, slightly above estimates of $2.24 billion

** In 2024, the stock rose 23.4%

(Reporting by Kritika Lamba in Bengaluru)

((Kritika.Lamba@thomsonreuters.com))

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10