Thursday, May 30, 2019

Palo Alto Networks forecasts current-quarter profit below estimates, shares fall

Cybersecurity company Palo Alto Networks Inc forecast current-quarter profit below analysts' estimates on Wednesday, largely due to expenses related to its recent acquisitions and a hit from tariffs, sending its shares down 5%.


from Reuters: Technology News https://reut.rs/2I5g5AC

No comments:

Post a Comment

Elon Musk wanted $80 billion to colonise Mars, OpenAI president testifies at trial

Elon Musk sought complete control of OpenAI to fund his Mars colonisation dream. He aimed to raise $80 billion for a Martian city. This re...