Palo Alto Networks (PANW) earnings Q2 2023


Nikesh Arora of the United States on the first hole during the third round of The Alfred Dunhill Links Championship at The Old Course on October 02, 2021 in St Andrews, Scotland.

David Cannon | David Cannon Collection | Getty Images

Palo Alto Networks shares moved 7% higher in extended trading on Tuesday after the security hardware and software maker issued fiscal second-quarter earnings that topped Wall Street projections.

Here’s how the company did:

  • Earnings: $1.05 per share, adjusted, vs. 78 cents per share as expected by analysts, according to Refinitiv.
  • Revenue: $1.66 billion, vs. 1.65 billion as expected by analysts, according to Refinitiv.

The company’s revenue rose 26% year over year…

Source cnbc.com

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