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Concerns over extending the deficit by trillions of dollars based on proposed massive extended tax cuts are emerging.
On today's Market Domination Overtime, hosts Josh Lipton and Julie Hyman cover the market pullback as the S&P 500 snaps its win streak Palo Alto Networks reported its third quarter results. Morningstar equity analyst Malik Ahmed Khan shares his bullish take on the report.
While the top- and bottom-line numbers for Palo Alto (PANW) give a sense of how the business performed in the quarter ended April 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Palo Alto Networks (PANW) came out with quarterly earnings of $0.80 per share, beating the Zacks Consensus Estimate of $0.77 per share. This compares to earnings of $0.66 per share a year ago.
CNBC's Pippa Stevens joins 'Closing Bell Overtime' with Palo Alto earnings.
The cybersecurity company also saw a growth slowdown in remaining performance obligations, a metric that measures future revenue expected from current contracts.
Palo Alto Networks (PANW) reported fiscal third-quarter revenue and profit that beat analysts' expectations, thanks in part to growth in its next-generation security business.
The Santa Clara, Calif., cybersecurity company logged higher revenue in its fiscal third quarter, though profit slipped as expenses increased.
Palo Alto Networks shares dropped over 4% on Tuesday after the company reported its fiscal third-quarter earnings. Sales in in the company's fiscal third-quarter came grew 15% year over year.
Palo Alto Networks (PANW) shares fall after the cybersecurity company's 3Q earnings report come in mostly in-line. Kevin Green says things were maybe "a little light" on its subscription-based revenue, but overall headline numbers were "decent.