Palo Alto Networks pops 12% on earnings beat, rosy guidance
Revenue rose 31% as CyberArk and Chronosphere acquisitions helped offset a net loss and support stronger fourth-quarter and full-year guidance.
- Palo Alto Networks beat Wall Street's fiscal third-quarter estimates with adjusted earnings of 85 cents per share versus 80 cents expected, sending shares up 10% as revenue reached $3.00 billion.
- Following disappointing guidance Earlier in the year that fell short of analyst estimates, Palo Alto's strong quarterly performance marks a recovery from investor uncertainty surrounding fiscal projections.
- Despite strong quarterly Earnings growth of 31% year-over-year, Palo Alto Networks reported a $177 million net loss, or 22 cents per share, down from $262 million net income a year ago.
- Palo Alto issued stronger-than-expected guidance for the fourth quarter, forecasting revenue between $3.35 billion and $3.36 billion while lifting Full-year projections to $11.42–$11.43 billion.
- CEO Nikesh Arora said, "The latest advancements at the AI frontier have increased the level of urgency around cybersecurity," fueling a surge in Shares of more than 60% this year and over 80% this quarter.
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Palo Alto Networks Inc. (NASDAQ:PANW) delivered a strong fiscal third-quarter 2026 earnings report, beating analyst estimates and boosting its full-year outlook. Despite the strong print, shares slipped 3.17% in after-hours trading following a volatile post-market session. The Only Way To Fight Back Appearing on CNBC's Mad Money, Palo Alto Networks Chairman and CEO Nikesh Arora declared a paradigm shift in the cybersecurity industry. He warned t…
Palo Alto Networks Q3 Earnings Call Highlights
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Palo Alto raises annual forecasts on strong AI cybersecurity demand, shares surge
June 2 : Palo Alto Networks raised its annual revenue and profit forecast on Tuesday, as enterprises increased spending on cloud, identity and AI-driven cybersecurity products amid a rising threat landscape, sending shares up 7.4 per cent in extended trading.Here are some details on the results:
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