Palo Alto Networks lifts earnings guidance as it pursues profitable growth
Publishing timestamp: 2023-02-22 01:40:15
Summary
Palo Alto Networks reported earnings that exceeded Wall Street projections and increased its earnings forecast for the full year. The company also acquired Cider Security for $195 million and is now three years ahead of its profitability goals. The stock rose 7% in extended trading and is up 20% year-to-date.
Sentiment: POSITIVE
Tickers: PANW,
Keywords: earnings, palo alto networks inc, business, breaking news: earnings, technology, breaking news: technology, enterprise, business news,
Source: https://www.cnbc.com/2023/02/21/palo-alto-networks-panw-earnings-q2-2023.html