Rosenblatt Downgrades Palo Alto Networks (PANW) to Neutral citing 'Strategic Shift and Lowered Guidance'

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Go back to Rosenblatt Downgrades Palo Alto Networks (PANW) to Neutral citing 'Strategic Shift and Lowered Guidance'

Palo Alto Networks Reports Fiscal Second Quarter 2024 Financial Results

February 20, 2024 4:05 PM EST

Fiscal second quarter revenue grew 19% year over year to $2.0 billionRemaining performance obligation grew 22% year over year to $10.8 billionNon-GAAP operating margin grew 580 bps year over year to 29%

SANTA CLARA, Calif., Feb. 20, 2024 /PRNewswire/ -- Palo Alto Networks (NASDAQ: PANW), the global cybersecurity leader, announced today financial results for its fiscal second quarter 2024, ended January 31,... More