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Palo Alto shares rise on earnings beat, surprising investors who worried about a Friday report - TL;DR CNBC

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: technologyearningssocial mediapalo alto networks incbusiness newsbreaking news: technologybusinesspalo altoenterprise

Source: https://www.cnbc.com/2023/08/18/palo-alto-networks-panw-earnings-report-q4-2023.html


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