Palo Alto Networks, Inc. (NASDAQ:PANW) will release financial results for the fourth quarter after the closing bell on Monday, Aug. 18.
Analysts expect the Santa Clara, California-based company to report quarterly earnings at 89 cents per share, up from 75 cents per share in the year-ago period. Palo Alto Networks projects to report quarterly revenue at $2.5 billion, compared to $2.19 billion a year earlier, according to data from Benzinga Pro.
On July 30, Palo Alto entered into a definitive agreement with CyberArk to acquire the identity security company. Shareholders of CyberArk will receive $45 in cash and 2.2005 shares of Palo Alto common stock for each CyberArk share held for an approximate equity value of $25 billion.
Palo Alto Networks shares fell 1.9% to close at $173.55 on Thursday.
Benzinga readers can access the …