Palo Alto Networks launches new cybersecurity solution to unify cloud security, security operations and application security.

Palo Alto reported second-quarter revenue of $2.26 billion, beating the consensus estimate of $2.24 billion. The cybersecurity company reported second-quarter earnings of 81 cents per share, beating analyst estimates of 78 cents per share,

Key Takeaways Palo Alto Networks shares moved lower Friday morning despite the tech company's second quarter results coming in narrowly above estimates.The cybersecurity provider's projections for the third quarter and full fiscal year sales and adjusted EPS were also largely in line with analyst consensus.