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-0.00468572683676842 -0.00611340923234622 -0.00241607790020875 -0.00062232309550835 -0.00135446791375336 -0.00318482995936598 -0.00448438701175101 0.00139107515466558
Stock impact report

Q4 Earnings Recap: Okta (NASDAQ:OKTA) Tops Cybersecurity Stocks [Yahoo! Finance]

Palo Alto Networks, Inc. (PANW) 
Last palo alto networks, inc. earnings: 2/24 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Cybersecurity continues to be one of the fastest-growing segments within software for good reason. Almost every company is slowly finding itself becoming a technology company and facing rising cybersecurity risks. Businesses are accelerating adoption of cloud-based software, moving data and applications into the cloud to save costs while improving performance. This migration has opened them to a multitude of new threats, like employees accessing data via their smartphone while on an open network, or logging into a web-based interface from a laptop in a new location. The 9 cybersecurity stocks we track reported a mixed Q4; on average, revenues beat analyst consensus estimates by 1.9%, while next quarter's revenue guidance was in line with consensus. Stocks, especially growth stocks where cash flows further in the future are more important to the story, had a good end of 2023. The beginning of 2024 saw mixed inflation data, however, leading to more volatile stock performance, and cyb Show less Read more
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