ຫຸ້ນຂອງ Palo Alto Networks Inc (NASDAQ: PANW) jumped close to 10% in extended trading after the cybersecurity company said it swung to a profit in its fiscal second quarter.
Palo Alto shares up on raised guidance
ໄດ້ ຫຼັກຊັບຄວາມປອດໄພທາງອິນເຕີເນັດ is responding to the raised guidance as well.
Palo Alto is now calling for $3.97 to $4.03 of adjusted per-share earnings this year on a 25% to 26% annualised increase in total revenue. In the ຖະແຫຼງຂ່າວກ່ຽວກັບລາຍຮັບ, CFO Dipak Golechha said:
Our focus on driving profitable growth is reflected in Q2. As a result, we’re raising our cash flow margin and operating profitability targets as we remain focused on driving efficiency in our business.
Street had forecast $3.42 a share and roughly 25.5% growth in revenue. Palo Alto shares are now up about 30% year-to-date.
Key takeaways from Palo Alto Q2 results
- ລາຍໄດ້ສຸດທິພິມຢູ່ທີ່ 84.2 ລ້ານໂດລາ ເຊິ່ງແປເປັນ 25 ເຊັນຕໍ່ຫຸ້ນ
- That compares to $93.5 million of loss (32 cents a share) last year
- EPS ທີ່ປັບໄດ້ມາຢູ່ທີ່ $1.05 ຕາມລາຄາ ຖະແຫຼງຂ່າວກ່ຽວກັບລາຍຮັບ
- ລາຍຮັບເພີ່ມຂຶ້ນ 26% ເມື່ອທຽບໃສ່ປີກາຍມາເປັນ 1.66 ຕື້ໂດລາສະຫະລັດ
- ຄວາມເຫັນດີເປັນເອກະສັນແມ່ນ 44 ເຊັນຂອງ EPS ທີ່ຖືກດັດແປງໃນລາຍໄດ້ 1.65 ຕື້ໂດລາ
Earlier this month, Palo Alto Networks announced the launch of its cloud infrastructure in Switzerland. On the earnings call today, CEO Nikesh Arora said:
We’re now well-positioned for the second half. We believe we can continue to build on this into fiscal year 2024 and beyond and putting us three-years ahead of our profitability targets we offered at our last Analyst Day in Sept 2021.
Wall Street currently rates Palo Alto shares at “buy”.
Source: https://invezz.com/news/2023/02/21/palo-alto-shares-up-q2-earnings-and-guidance/