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Image source: The Motley Fool. Palo Alto Networks (NASDAQ: PANW) Q3 2024 Earnings Call May 20, 2024, 4:30 p.m. ET. Contents: Prepared Remarks. Questions and Answers. Call Participants
Its 15% revenue growth was in line with analyst forecasts, and it beat expectations with $1.32 earnings per share. However, the stock slid downward after the report.
In early August, Palo Alto made a rare shift to announce earnings after the bell on a Friday, a move not seen by an S&P 500 company since Nike in 2020. The stock had slumped nearly 20% on fears ...
Palo Alto Networks. Palo Alto Networks, Inc. is an American multinational cybersecurity company with headquarters in Santa Clara, California. The core product is a platform that includes advanced firewalls and cloud-based offerings that extend those firewalls to cover other aspects of security. The company serves over 70,000 organizations in ...
Both revenue and earnings topped consensus analyst expectations. Looking ahead, the company forecast fiscal fourth-quarter revenue to come in between $2.15 billion and $2.17 billion, representing ...
List of largest companies by revenue. This list comprises the world's largest companies by consolidated revenue, according to the Fortune Global 500 2023 rankings and other sources. [ 2] American retail corporation Walmart has been the world's largest company by revenue since 2014. [ 1] The list is limited to the largest 50 companies, all of ...
Whisper number. Whisper numbers are the "unofficial and unpublished earnings per share (EPS) forecasts that circulate among professionals on Wall Street ... generally reserved for the favored (wealthy) clients of a brokerage." [1] According to Per Afrell, a former analyst at UBS Warburg, buy and sell side research analysts generally maintain a ...
For its fiscal 2024 third quarter (the period ended in April), Palo Alto Networks beat its own expectations for revenue growth with a 15% year-over-year increase to $2 billion.