Palo Alto Networks topped expectations with its latest earnings, as well as with its forecasts for profit and billings, in an unusually scheduled report.
Palo Alto Networks Inc. shares rallied Friday after hours as the cybersecurity company topped expectations with its latest earnings, as well as with its forecasts for profit and billings, in an unusually scheduled report.
Palo Alto Networks forecast first-quarter adjusted earnings of $1.15 to $1.17 a share on revenue of $1.82 billion to $1.85 billion and billings of $2.05 billion to $2.08 billion. Analysts were estimating $1.11 a share on revenue of $1.93 billion and billings of $2.04 billion for the first quarter. The company defines billings as “total revenue plus the change in total deferred revenue, net of acquired deferred revenue, during the period,” and is a metric used to account for subscriptions.
Revenue rose to $1.95 billion from $1.55 billion in the year-ago quarter, while billings rose 18% to $3.2 billion. Analysts surveyed by FactSet had forecast $1.29 a share in adjusted earnings on revenue of $1.96 billion and billings of $3.18 billion.
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: 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 »
Why is Palo Alto Networks reporting earnings Friday afternoon? The strange timing draws speculation.Wall Street wonders why the cybersecurity company decided to report earnings and hold its conference call after the close of markets on a Friday.
続きを読む »