Palo Alto Networks (PANW) shares jumped more than 15% on Monday, clawing back in one session most of the damage they incurred since the beginning of August.
PANW YTD mountain Palo Alto Networks YTD performance Bottom line The concern over whether a summer Friday evening earnings release might mean bad news proved unwarranted.
Palo Alto Networks delivered largely better-than-expected quarterly numbers, with even better guidance for the current quarter (fiscal 2024 first quarter), full-year fiscal 2024, and beyond.
Roadmap for AI Palo Alto management also talked about how artificial intelligence will revolutionize their ability to safeguard computer networks and catch hackers in the act of a breach.
Signage outside Palo Alto Networks headquarters in Santa Clara, California, U.S., on Thursday, May 13, 2021.
Persons:
clawing, That's, Nikesh Aurora, Fortinet, billings, we're, Jim Cramer's, Jim Cramer, Jim, David Paul Morris
Organizations:
Palo Alto Networks, Revenue, Refinitiv, billings, Alto Networks, Management, Alto, Palo, Billings, TAM, CNBC, Bloomberg, Getty
Locations:
Palo, billings, Palo Alto, Santa Clara , California, U.S