PANW Stock Surges on Stellar Q4 Earnings and Robust FY2027 Outlook
Palo Alto Networks delivered stellar Q4 earnings and robust FY2027 outlook, sending its stock surging in extended trading.
The cybersecurity giant's adjusted profit per share hit $1.02, beating analyst expectations of $0.98, while quarterly revenue totaled $3.41 billion, up 34% year-over-year from the same period last year.
Palo Alto Networks' forward-looking projections exceeded Wall Street's collective forecast by nearly $100 million for the first quarter of fiscal 2027 and by $300 million for the full year.