RADNOR, PA / ACCESSWIRE / February 22, 2024 / The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of Palo Alto Networks (NASDAQ:PANW) ("Palo Alto").
On February 20, 2024, during after-market hours, Palo Alto announced its financial results for Q2 2024 and lowered its full-year revenue and billings guidance for Q3. Specifically, Palo Alto projected EPS to range from $1.24 to $1.26 and revenue guidance of $1.95 billion to $1.98 billion, falling below analysts' estimates. Following this news, Palo Alto's stock fell $104.12 per share, or more than 25%, from a close of $366.09 on February 20, 2024, to close at $261.97 per share on February 21, 2024.
If you are a Palo Alto investor and would like to learn more about our investigation, please CLICK HERE to fill out our online form or contact Kessler Topaz Meltzer & Check, LLP: Jonathan Naji, Esq. (484) 270-1453 or E-mail at info@ktmc.com. You can also click on the following link or paste it in your browser:https://www.ktmc.com/palo-alto-networks-investigation?utm_source=PR&utm_medium=link&utm_campaign=panw&mktm=r
Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country involving securities fraud, breaches of fiduciary duties and other violations of state and federal law. Kessler Topaz Meltzer & Check, LLP is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world. The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars). For more information about Kessler Topaz Meltzer & Check, LLP, please visit www.ktmc.com.
CONTACT:
Kessler Topaz Meltzer & Check, LLP
Jonathan Naji, Esq.
280 King of Prussia Road
Radnor, PA 19087
(484) 270-1453
info@ktmc.com
SOURCE: Kessler Topaz Meltzer & Cheek, LLP
View the original
press release on accesswire.com
