Palo Alto Networks Earnings, Guidance Reassure Street

By | November 26, 2013

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Palo Alto Networks (PANW) stock gapped up 6% on the stock market today, a day after the computer security firm’s quarterly results and guidance beat Wall Street’s estimates. Late Monday, Palo Alto said its earnings per share for its fiscal Q1 ended Oct. 31 jumped 60% from the year-earlier quarter to 8 cents a share, beating analysts’ consensus by 7 cents. Sales climbed 49% to $128.2 million, topping the Street by about $7 million. The company Scalper1 News

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