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Palo Alto Networks stock slides despite blowing past Q2 estimates
Palo AltoPalo Alto(US:PANW) Invezz·2024-02-21 05:11

Palo Alto Networks Inc (NASDAQ: PANW) is trading down in extended hours even though its reported market-beating results for its fiscal second quarter.Why is Palo Alto Networks stock down in after-hours?Copy link to sectionThe stock is being punished primarily on the muted guidance. Palo Alto Networks now forecasts total billings to fall between 2.30billionand2.30 billion and 2.35 billion in Q3. Analysts, in comparison, were at billion. Still, Nikesh Arora – the chief executive of Palo Alto Networks said in a press rele ...