Palo Alto Networks stock dives on wider loss, disappointing outlook
A disappointing second quarter report sent shares of Palo Alto Networks down by as much as 18 percent Tuesday in after-hours trading.
The company beat Wall Street expectations for the quarter that ended Jan. 31 despite posting a wider loss.
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But its outlook for the current quarter was well short of analyst projections.
“While fiscal second quarter revenue of $423 million was…
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