Future Tech

Palo Alto Networks forecasts quarterly billings above estimates

Tan KW
Publish date: Tue, 21 May 2024, 08:59 AM
Tan KW
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Future Tech

Palo Alto Networks forecast fourth-quarter billings above Wall Street estimates on Monday, a sign that clients are turning to the cybersecurity firm for its integrated software security tools.

The company expects fourth-quarter billings to be between $3.43 billion and $3.48 billion, the mid point of which is slightly above analysts' average estimate of $3.45 billion, according to LSEG data.

 


  - Reuters

 

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