Check out the companies making headlines after the bell. Palo Alto Networks – Shares declined nearly 19% after the cybersecurity company’s full-year guidance missed expectations. Palo Alto Networks said it predicts full-year revenue growth of 15% to 16%, down from earlier guidance of 18% to 19% growth. The company also reduced its full-year billings forecast. Meanwhile, adjusted earnings and revenue in the fiscal second quarter topped analysts’ estimates. Diamondback Energy — Shares gained 1.6% after the energy company beat on both top- and bottom-lines in the fourth quarter. Diamondback posted adjusted earnings of $4.74 per share on $2.23 billion in revenue. Analysts polled by LSEG had forecasted $4.66 in earnings per share on revenue of $2.17 billion. Caesars Entertainment — The hotel and resorts stock lost more than 1% after posting a revenue miss in the prior quarter. Caesars reported $2.83 billion in revenue while analysts had estimated $2.85 billion, according to LSEG. SolarEdge Technologies — Shares tumbled 9% after the solar company’s mixed fourth-quarter report . SolarEdge reported smaller-than-expected adjusted losses of 92 cents per share, compared to analysts’ forecasts of $1.17 losses per share, per LSEG. Meanwhile, revenue of $316 million fell below Wall Street’s expectations of $354 million. Quarterly revenue declined 56% year over year. Revenue guidance for the first quarter also came in below expectati …
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[mwai_chat context=”Let’s have a discussion about this article:nnCheck out the companies making headlines after the bell. Palo Alto Networks – Shares declined nearly 19% after the cybersecurity company’s full-year guidance missed expectations. Palo Alto Networks said it predicts full-year revenue growth of 15% to 16%, down from earlier guidance of 18% to 19% growth. The company also reduced its full-year billings forecast. Meanwhile, adjusted earnings and revenue in the fiscal second quarter topped analysts’ estimates. Diamondback Energy — Shares gained 1.6% after the energy company beat on both top- and bottom-lines in the fourth quarter. Diamondback posted adjusted earnings of $4.74 per share on $2.23 billion in revenue. Analysts polled by LSEG had forecasted $4.66 in earnings per share on revenue of $2.17 billion. Caesars Entertainment — The hotel and resorts stock lost more than 1% after posting a revenue miss in the prior quarter. Caesars reported $2.83 billion in revenue while analysts had estimated $2.85 billion, according to LSEG. SolarEdge Technologies — Shares tumbled 9% after the solar company’s mixed fourth-quarter report . SolarEdge reported smaller-than-expected adjusted losses of 92 cents per share, compared to analysts’ forecasts of $1.17 losses per share, per LSEG. Meanwhile, revenue of $316 million fell below Wall Street’s expectations of $354 million. Quarterly revenue declined 56% year over year. Revenue guidance for the first quarter also came in below expectati …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]
