Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Palo Alto Networks, Inc. (“Palo Alto” or “the Company”) (NYSE: PANW). Investors who purchased Palo Alto securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/PANW.
Investigation Details:
On February 20, 2024, Palo Alto announced its financial results for the second quarter of fiscal year 2024 and lowered its full-year revenue and billings guidance for the third quarter. Palo Alto projected earnings per share to range from $1.24 to $1.26 and revenue guidance of $1.95 billion to $1.98 billion, falling short of analysts’ estimates. On this news, Palo Alto’s stock price fell $104.12 per share, or 28.44%, to close at $261.97 per share on February 21, 2024.
What’s Next?
If you are aware of any facts relating to this investigation or purchased Palo Alto securities, you can assist this investigation by visiting the firm’s site: bgandg.com/PANW. You can also contact Peretz Bronstein or his law clerk and client relations manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.
There is No Cost to You
We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.
Why Bronstein, Gewirtz & Grossman:
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
Attorney advertising. Prior results do not guarantee similar outcomes.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240223767116/en/
Contacts
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Nathanson
332-239-2660 | info@bgandg.com
