Palo Alto Networks Lifts Outlook After Earnings Improve

Palo Alto Networks lifted its full-year revenue outlook after recording a jump in second-quarter profit driven by continued demand for cybersecurity services.

- By ELIAS SCHISGALL

However, the company issued per-share earnings guidance for its current quarter below Wall Street expectations, in part as it contends with higher costs for memory and storage. It plans to raise prices later in the fiscal year to offset the increa