Why Palo Alto Networks Just Raised Its Outlook Again

Investors were worried about Palo Alto Networks' (NASDAQ: PANW) fiscal third-quarter earnings release, but those fears were overblown. The cybersecurity software specialist on May 19 reported solid demand for its cloud services through late April.

But the even better news for shareholders is that management sees those positive trends extending at least through the end of its current fiscal year, which runs through late July.

Let's take a closer look.

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Source Fool.com