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Palo Alto Networks shares plunge 13% after company cuts full-year billings, revenue guidance
Palo AltoPalo Alto(US:PANW) CNBC·2024-02-21 05:12

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:Earnings per share: 1.46,adjusted,vs.1.46, adjusted, vs. 1.30 expectedRevenue: 1.98billionvs.1.98 billion vs. 1.97 billion expectedThis is breaking news. Please check back for updates. ...