Palo Alto Networks Beats Earnings Estimates and Raises Guidance Amid AI Disruption Fears
Palo Alto Networks reported better-than-expected revenue and earnings for its fiscal Q3, with $3 billion in revenue (up 31% YoY) and adjusted EPS of $0.85, surpassing Wall Street estimates. The results helped alleviate concerns about AI disrupting traditional cybersecurity vendors.
Tickers: $CRWD $CSCO $FTNT $PANW