Palo Alto Networks is poised to post solid revenue growth and a high adjusted free cash flow margin over the next several years. But investors should proceed with caution.
News & Analysis: Palo Alto Networks
Weak guidance sent Palo Alto Networks' shares down, but investors need to keep their eyes on the long-term opportunity.
Despite weak next-quarter guidance, management emphasized the company was on track to reach its long-term goals.
And it made its eighth acquisition in two years.
Some big losses came for these stocks on a quiet day for the market.
A light forward outlook once again overshadowed the cybersecurity-platform company's latest solid quarter.
Earnings looked fine at first glance, but guidance could be a problem.
PANW earnings call for the period ending October 31, 2019.
A cybersecurity company and a top name in basic apparel both suffered bear assaults after market hours.
One provides a critical service that cannot be skimped on, the other one will give consumers an affordable source of entertainment during a recession.