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CrowdStrike narrowly beats estimates on AI tailwinds, but stock falls 9%

CrowdStrike narrowly beats estimates on AI tailwinds, but stock falls 9%

CrowdStrike narrowly beat Wall Street’s fiscal first-quarter estimates after the bell on Wednesday, but shares dropped 9% following the report. Here’s how the company did versus LSEG estimates: Earnings per share: $1.10 adjusted vs. $1.07 expected Revenue: $1.39 billion vs. $1.36 billion estimate The cybersecurity company said revenue grew 26% from a year ago. Net …

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Palo Alto Networks pops 12% on earnings beat, rosy guidance

Mythos rejuvenated the cybersecurity sector. Earnings put the recent rally to the test

Nikesh Arora, chief executive officer at Palo Alto Networks Inc., during the Raise summit in Paris, France, on Tuesday, July 8, 2025. Nathan Laine | Bloomberg | Getty Images Palo Alto Networks surpassed Wall Street’s fiscal third-quarter results as artificial intelligence threats drive demand for sophisticated cybersecurity tools. Shares popped 10%. Here’s how the company …

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Okta tops first-quarter results on agentic AI demand

Okta tops first-quarter results on agentic AI demand

Todd McKinnon, chief executive officer of Okta Inc., during a Bloomberg Television interview, in London, UK, on Friday, April 11, 2025. Chris J. Ratcliffe | Bloomberg | Getty Images Okta beat Wall Street’s fiscal first-quarter estimates after the bell on Thursday as demand for identity security tools spikes with the onslaught of agentic artificial intelligence. …

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Zscaler tanks 31% for worst day ever on ‘prudent’ guidance, sales shakeup

Zscaler tanks 31% for worst day ever on ‘prudent’ guidance, sales shakeup

Zscaler‘s stock plummeted more than 30% on Wednesday for its worst day ever after issuing underwhelming guidance that overshadowed better-than-expected fiscal third-quarter results. The cybersecurity company guided for 16% to 17% year-over-year annual recurring revenue growth for the 2027 fiscal year, falling short of StreetAccount estimates. Zscaler expects $875 million to $878 million in revenue …

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