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Palo Alto Networks shares plunge after company cuts full-year billings, revenue guidance

Posted on AllSides February 20th, 2024

Shares of cybersecurity company Palo Alto Networks plunged 13% in extended trading Tuesday, after the company reported a beat on the top and bottom lines but lowered its full-year guidance for revenue and billings.

Here's how the company did compared to LSEG, formerly Refinitiv, estimates:

This is breaking news. Please check back for updates.

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https://nbclosangeles.com/news/business/money-report/palo-alto-networks-shares-plunge-13-after-company-cuts-full-year-billings-revenue-guidance/3343868

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