Palo Alto Networks shares drop as billings guidance falls short; Seen as a ' minor speed bump '

Palo Alto Networks (NASDAQ: ) shares fell 6% in pre-open Thursday after posting solid first-quarter results but issuing second-quarter and full-year billing guidance below estimates. The company reported that total revenue for the first quarter grew 20% year-over-year to $1.9 billion, beating the…#paloaltonetworks #nikesharora #arr #dipakgolechha #q1nongaap #fcf #oppenheimer #paloalto

Source: Reuters: Health - November 16, 2023 Category: Consumer Health News Source Type: news