Palo Alto Networks Suffers 17% Plunge in After-Hours Trading After Lowering Full-Year Revenue and Billings Guidance: What Investors Need to Know

SAN JOSE, Calif. – Palo Alto Networks, a cybersecurity company, experienced a significant drop in its stock price after reporting its fiscal second-quarter results. The company’s shares plummeted by 17% in extended trading on Tuesday following a beat on both the top and bottom lines but a downward revision of its full-year revenue and billings guidance. The company reported adjusted earnings per share of $1.46, surpassing the $1.30 expected by LSEG, formerly Refinitiv. Additionally, their …

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Four teens killed in head-on collision with pole

BILLINGS, MT – Four teenagers tragically lost their lives in a single-vehicle accident in Montana’s largest city, Billings, according to local authorities. The incident occurred in an industrial area of the city, and officials have pointed to high speed, failure to use seatbelts, and potential alcohol involvement as contributing factors. The accident took place in the early hours of Saturday morning when the vehicle veered off the road, causing the driver to lose control and …

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