Palo Alto Networks' Stock Plunge: Analysis of Full-Year Guidance Cut
Wednesday, 21 February 2024, 14:38
Palo Alto Networks Stock Plunges
Palo Alto Networks (PANW) shares dive lower in Wednesday's pre-market trading despite beating fiscal second-quarter earnings estimates, outpacing adjusted earnings expectations by posting gains of $1.46 per share and inching past revenue forecasts. Yahoo Finance Reporter Madison Mills examines the cybersecurity company's stock pressures stemming from its disappointing third-quarter and full-year guidance.
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