Loading...
Loading...
Palo Alto Networks
PANW posted a narrower fiscal fourth-quarter loss.
Palo Alto Networks posted a quarterly loss of $4.6 million, or $0.18 per share, versus a year-ago loss of $6 million, or $0.40 per share. Excluding other items, Palo Alto Networks earned $0.03 per share.
Its revenue surged 88% to $75.6 million. However, analysts were expecting earnings of $0.00 per share on revenue of $71 million.
Its gross margin declined to 71.5% from 71.8%, while operating expenses climbed 70%.
Palo Alto Networks' product revenue surged 70%.
Palo Alto Networks shares dipped 9.60% to $64.86 in after-hours trading.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in