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PANW — Palo Alto Networks News Story

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Palo Alto rises after annual forecast raise

BUZZ-Palo Alto rises after annual forecast raise

** Shares of cybersecurity firm Palo Alto Networks PANW.O rise 7.34% to $319.20 aftermarket

** Co raises FY26 adjusted profit forecast per share to $3.77 to $3.79 per share, from its prior view of $3.65 to $3.70

** Analysts, on average, were expecting $3.69 per share, according to LSEG data

** Sees annual total revenue in the range of $11.42 billion to $11.43 billion from $11.28 billion to $11.31 billion expected previously

** Co posts Q3 adjusted profit of 85 cents per share, beating estimates of 80 cents per share

** Posts Q3 revenue of $3 billion, vs estimate of $2.94 billion

** As of last close, PANW up 61.3% YTD


(Reporting by Kunal Das in Bengaluru)

((Kunal.Das2@thomsonreuters.com;))

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