Palo Alto Networks maintains sales outlook, raises EPS forecast despite billings cut

Palo Alto Networks maintains sales outlook, raises EPS forecast despite billings cut By Investing.com – Canada Boosts

© Reuters. SANTA CLARA – Amid a panorama of escalating cyber threats, Palo Alto Networks Inc. (NASDAQ:) stood agency on its annual gross sales projection however trimmed its full-year billings forecast on Wednesday. The cybersecurity heavyweight has adjusted its expectations for billings to a spread between $10.7 billion and $10.8 billion, a transfer that got…

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Palo Alto Networks posts solid Q1, but shares sink as billings guidance falls short

Palo Alto Networks posts solid Q1, but shares sink as billings guidance falls short By Investing.com – Canada Boosts

© Shutterstock Palo Alto Networks (PANW) posts stable Q1, however shares sink as billings steerage falls quick Palo Alto Networks (NASDAQ:) shares fell 8% after-hours Wednesday after posting stable first quarter outcomes however issuing second quarter and full 12 months billing steerage under estimates. The corporate reported that complete income for the primary quarter grew…

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