Palo Alto Networks beats on earnings and revenue, misses on gross margin
Palo Alto Networks signage displays on the screen at the Nasdaq Market in New York City, U.S., March 25, 2025. Jeenah Moon | ReutersPalo Alto Networks reported better-than-expected earnings and revenue for the latest quarter but its gross margin was below estimates. The stock dropped 4% in extended trading on Tuesday.Here's how the company did, compared to analysts' consensus estimates from LSEG:Earnings per share: 80 cents, adjusted vs. 77 cents expectedRevenue: $2.29 billion vs. $2.28 billion ...
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