Lates News

Cybersecurity company Palo Alto Networks reported revenue of $2.3 billion in the third quarter, slightly exceeding analysts' expectations of $2.28 billion. The company expects annual revenue to be in the range of $9.17 billion to $9.19 billion, compared to the previous estimate of $9.14 billion to $9.19 billion. For the fourth quarter, the company forecasts revenue to be between $2.49 billion and $2.51 billion, slightly lower than analysts' expectations of $2.5 billion. After the earnings report, Palo Alto Networks' stock dropped by 2.84%.