Tag: $Palo Alto Networks

Palo Alto (PANW) Networks reported strong second-quarter earnings, but is projecting that profitability will suffer in the second half of the fiscal year. The stock was down 7.5% in premarket trading Wednesday.

Palo Alto Networks (PANW), Fortinet (FTNT) and other cybersecurity stocks were under pressure ahead of the open Wednesday following a report that China has ordered domestic companies not to use software made by a number of U.S. companies.

Alphabet’s (GOOGL) cloud computing unit and cybersecurity company Palo Alto Networks (PANW) on Friday announced an expanded partnership that one source told Reuters was by far Google Cloud’s largest security services deal.

 Palo Alto Networks (PANW.O), said on Wednesday it will buy cloud management and monitoring company Chronosphere for $3.35 billion, as the cybersecurity firm looks to strengthen its AI offerings.

A strong forecast for future business sent Palo Alto Networks Inc. shares higher after the bell Monday, as the cybersecurity company wrapped up a fiscal year that saw its platform strategy gain traction.

Palo Alto Networks reported better-than-expected earnings and revenue for the latest quarter but its gross margin was below estimates. The stock dropped 4% in extended trading on Tuesday.

Palo Alto Networks squelched fears over the pace of the cybersecurity market, by beating forecasts for its fourth quarter ended July. The company’s outlook for the October quarter and for the July 2025 fiscal year also came in at the high end of current Wall Street projections.

Palo Alto Networks fourth-quarter billings forecast disappointed investors on Monday, a sign of tight corporate spending on cybersecurity solutions, sending its shares down more than 8% in aftermarket trading.

Palo Alto Networks shares plunged after the company lowered its full-year guidance.

Palo Alto Networks stock was dropping early Thursday as markets digested its unexpectedly weak billings. The security-software company said it was to do with customer requests for flexibility on payments but analysts were split on whether that was enough to dismiss fears of falling demand.

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.

Apple Inc. is widely expected to announce on Monday a new mixed-reality headgear at its annual Worldwide Developers Conference in California.

Palo Alto Networks shares were gaining ground in late trading Tuesday after the security software company posted fiscal third-quarter results that edged profit expectations.