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Palo Alto Networks’ shares in freefall after revenue miss

March 1, 2017

Via: CNBC
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Palo Alto Networks second-quarter revenue missed forecasts, and its shares plunged nearly 17 percent in after-hours trading on Tuesday.

The network security company reported earnings per share of 63 cents, beating the Thomson Reuters expectation of 62 cents. Revenue missed, coming in at $423 million versus an analyst-expected $430 million.

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