Like a few other enterprise tech firms reporting this week, Palo Alto Networks posted a pretty solid set of top-line numbers. After the bell on Thursday, the security tech giant reported October quarter (fiscal first quarter) revenue of $656 million (up 31% annually) and non-GAAP EPS of $1.17, topping consensus estimates of $632 million and $1.05.…
3 Key Things to Watch for in Google’s Earnings on Monday
In February, Alphabet’s (GOOGL) shares sold off after the company beat Q4 revenue estimates but missed EPS estimates due to steep revenue-sharing payments and slight margin pressure. Can the Google parent satisfy investors this time around? With Alphabet’s Class C shares down about 10% from a January peak of $1,186, expectations aren’t especially high ahead…
Key Takeaways from Microsoft, Qualcomm, Alibaba and PayPal’s Earnings
Microsoft (MSFT) , Qualcomm (QCOM) and PayPal (PYPL) all reported after the close on Wednesday (along with Facebook), and Alibaba (BABA) reported on Thursday morning. Alibaba fell sharply, as did PayPal, which has been stung by news that eBay (EBAY) will stop using PayPal as its “primary” payments processor in 2020. Microsoft and Qualcomm have…