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Stock impact report

Palo Alto Networks Is Finishing 2018 Strong [The Motley Fool]

Palo Alto Networks, Inc. (PANW) 
Last palo alto networks, inc. earnings: 2/24 04:15 pm Check Earnings Report
Company Research Source: The Motley Fool
But is the stock worth your money? While 2018 is likely to finish out as a win for cybersecurity company  Palo Alto Networks ( NYSE:PANW ) , with shares up 23% so far this year at the time of this writing, the stock is still down roughly 25% from its all-time highs, reached over the summer. The reasons for the decline are diverse -- including a tough autumn quarter for technology stocks in general -- but can be summed up this way: The stock's valuation was simply too high a few months ago. Nevertheless, after investors hit the reset button and Palo Alto delivered another knockout quarter to start its new fiscal year, the cybersecurity leader looks like a buy. A new year's resolution worthy of note After topping $2 billion in annual revenue for the first time in the 2018 fiscal year (a 29% increase over the prior period), Palo Alto got its 2019 fiscal year started right. Revenue for the October-ended fiscal first quarter was up 31% to $656 million. Gross profit marg Show less Read more
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