Several cybersecurity names including CrowdStrike Holdings Inc (NASDAQ:CRWD), Zscaler Inc (NASDAQ:ZS) and SentinelOne Inc (NYSE:S) are trading lower in Tuesday’s after-hours session in sympathy with Palo Alto Networks Inc (NASDAQ:PANW), which issued weak guidance after the bell.
What Happened: Palo Alto beat analyst estimates on both the top and bottom line in the fourth quarter, but the company issued soft guidance, which appears to be weighing on shares.
Palo Alto guided for fiscal third-quarter revenue of $1.95 billion to $1.98 billion versus …
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