News Formal

Palo Alto Networks tumbles on earnings once again. It's another chance to buy the cyber stock

  • 📰 CNBC
  • ⏱ Reading Time:
  • 10 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 31%
  • Publisher: 72%

Club Earnings ニュース

Jim Cramer,Investment Strategy,Markets

Wall Street's reaction to Palo Alto Networks' report seems overdone. Like its past two earnings sell-offs, we think investors should buy the dip.

Another earnings report, another sell-off in extended trading for Palo Alto Networks . But like the two releases preceding Monday night's results, we're looking at the decline as buying opportunity for long-term investors. Revenue during the cybersecurity company's fiscal 2024 third quarter increased 15% year over year to $1.985 billion, beating the consensus estimate of $1.967 billion that was compiled by LSEG. Adjusted earnings per share grew 20% to $1.

Signage outside Palo Alto Networks headquarters in Santa Clara, California, U.S., on Thursday, May 13, 2021.Another earnings report, another sell-off in extended trading for

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 12. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Palo Alto Networks FQ3 earnings preview: What Wall Street expects to seePalo Alto Networks FQ3 earnings preview: What Wall Street expects to see
ソース: Investingcom - 🏆 450. / 53 続きを読む »

Stocks making the biggest moves after hours: Chubb, Cisco Systems, Palo Alto Networks and moreThese are the stocks posting the largest moves in extended trading.
ソース: CNBC - 🏆 12. / 72 続きを読む »