Palo Alto shares rise on earnings beat, surprising investors who worried about a Friday report
Publishing timestamp: 2023-08-18 17:27:16
Summary
Palo Alto Networks reported earnings that beat analysts' expectations, causing the stock to jump in extended trading. However, the revenue was lower than expected. The company apologized for announcing the earnings on a Friday and explained that it was due to scheduling conflicts.
Sentiment: MIXED
Tickers: PANW,
Keywords: technology, earnings, social media, palo alto networks inc, business news, breaking news: technology, business, palo alto, enterprise,
Source: https://www.cnbc.com/2023/08/18/palo-alto-networks-panw-earnings-report-q4-2023.html