Palo Alto Networks, Inc. (NASDAQ:PANW) will release its fourth earnings report after the closing bell on Tuesday, Sept. 1.
Analysts expect the Santa Clara, California-based company to report quarterly earnings of 98 cents per share, up from 95 cents per share in the year-ago period. The consensus estimate for Palo Alto’s quarterly revenue is $3.35 billion. It reported $2.54 billion last year, according to Benzinga Pro.
On Aug. 20, the company formed its first strategic alliance of this kind with a global systems integrator, NTT DATA. It targets $1 billion in combined business by the end of 2029.
Palo Alto shares fell 2.9% to close at $371.59 on Friday.
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