Palo Alto should feel 'good' about Q3 earnings: Former CEO

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Palo Alto Networks News

Lane Bess,Palo Alto,Market Domination

Shares of Palo Alto Networks (PANW) fell sharply Monday, triggered by the company's decision to narrow its full-year guidance. Deep Instinct CEO and former...

. Deep Instinct CEO and former Palo Alto Networks CEO Lane Bess joins Market Domination Overtime to discuss the company's third-quarter earnings results and its outlook.

Well, first of all, um I'm a little bit more optimistic about these numbers than most people might be having sat in a Kesha's seat before.Um One little known fact or it's not a little known fact, but it's something that, uh I've seen consistently even since I was uh the CEO there is, they're going into their Q four.It's about sales people being motivated to make their numbers.You don't want to promise and not meet.

And a lot of what uh Palo Alto does is it, it, it, it uh creates layers of defense, but it doesn't necessarily use the most sophisticated A I in fighting what's now going to become a more challenging Cyber malware attack.And, and what do you see through these Palo Alto numbers in terms of uh client willingness to spend on this stuff.In fact, I think they're seeing more of a need to, to spend.

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