Big Tech’s reduced shareholder returns heighten investor reliance on AI investments to drive future profit growth and justify valuations.
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The company plans to announce results before the U.S. market opens Monday, Nov. 2.
The company is scheduled to report before U.S. markets open Monday, Nov. 2. The revenue consensus is $3.25 billion, up 0.7% year over year.
CEO Leonard Livschitz said the company was ready for larger 2027 acquisitions; CFO Anil Doradla said it hoped to pursue them. No deal was confirmed.
The forecast also calls for $2.43 to $2.53 in non-GAAP earnings per share as the company looks for stronger firewall appliance performance.
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