What You Need To Know Ahead of Palo Alto Networks' Earnings Report Monday
PANWPalo Alto(PANW) investopedia.com·2024-05-17 08:15

Analyst Estimates for Q3 FY 2024Q2 FY 2024Q3 FY 2023Revenue$1.97 billion$1.98 billion$1.72 billionDiluted Earnings Per Share40 cents$4.8931 centsNet Income$143.3 million$1.75 billion$107.8 million Key Metric: Sales Amid 'Spending Fatigue' Palo Alto Networks lowered its outlook when reporting second-quarter earnings, citing "spending fatigue" among customers, raising concerns about headwinds for the cybersecurity industry. The guidance cut in late February sent shares lower, but analysts suggested they re ...