Palo Alto Networks Inc (NYSE:PANW, ETR:5AP) is expected to report a “solid quarter overall” for the quarter ended April 30, 2024, analysts at Bank of America believe. The cybersecurity solutions provider will report its fiscal third quarter 2024 financial results on Monday, May 20 after the stock market closes.
Palo Alto Networks (PANW) is set to report earnings for its fiscal third quarter after the bell on Monday, with investors likely watching sales amid concerns about reduced customer spending. The cybersecurity company could also provide updates on its "platformization" strategy in its efforts to become a "one-stop shop" for cybersecurity.
Palo Alto (PANW) partners with International Business Machines to improve its security platforms with the latter's artificial intelligence capabilities to deliver AI-powered security solutions.