The company's profit guidance for the quarter and fiscal 2024 topped analyst forecasts. The revenue outlook came in light.
Palo Alto Networks stock was on the rise in late trading Friday after the security software company’s unusual end-of-the-week earnings report topped Street estimates.
For the fiscal fourth quarter that ended July 31, Palo Alto Networks posted revenue of $2 billion, up 26% from a year earlier, and ahead of the Street consensus forecast for $1.958 billion. Billings in the quarter were $3.16 billion, up 18%, but toward the bottom end of the company’s guidance range.
For the full fiscal year, the company posted reported revenue of $6.9 billion, up 25%, with adjusted profits of $4.44 a share. Full-year billings were $9.2 billion, up 23%. Remaining performance obligations grew 30%, to $10.6 billion. For the fiscal first quarter ending in October, Palo Alto Networks sees revenue ranging between $1.82 billion and $1.85 billion, up 16% to 18%, and below consensus at $1.93 billion. But the company sees adjusted profits of between $1.15 and $1.17 a share, above consensus at $1.11 a share. The company sees billings of $2.05 billion to $2.08 billion, up 17% to 19%.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Why Is Palo Alto Networks Reporting After-the-Bell on a Summer Friday?Stocks Analysis by Christine Short covering: Palo Alto Networks Inc. Read Christine Short's latest article on Investing.com
続きを読む »
Stocks making the biggest moves premarket: Estee Lauder, Bloomin' Brands, Palo Alto Networks and moreShares of some Chinese companies, ranging from e-commerce giants JD.com and Alibaba to electric vehicle manufacturer Nio, declined in premarket trading Friday.
続きを読む »
Palo Alto Networks stock rallies as earnings, outlook top Street estimatesPalo Alto Networks topped expectations with its latest earnings, as well as with its forecasts for profit and billings, in an unusually scheduled report.
続きを読む »
Palo Alto: Former two-star Michelin restaurant team says ‘au revoir’Chef Bruno and Christie Chemel close Bistronomie by Baumé on California Avenue
続きを読む »
Man found dead next to his car in downtown Palo AltoPolice said there were no obvious signs of foul play.
続きを読む »
Cybersecurity 'still number one on the agenda in boardrooms,' Cramer says as Palo Alto reportsShares of Club name Palo Alto Networks (PANW) have plummeted by nearly 17% since the start of the month amid a broader sell-off in the cybersecurity industry.
続きを読む »