Palo Alto Networks (PANW) PT Raised to $200 at Piper Jaffray

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Palo Alto Networks Reports Fiscal Fourth Quarter and Fiscal Year 2015 Financial Results

September 9, 2015 4:03 PM EDT

SANTA CLARA, Calif., Sept. 9, 2015 /PRNewswire/ -- Palo Alto Networks (NYSE: PANW), the next-generation security company, today announced financial results for its fiscal fourth quarter and fiscal year ended July 31, 2015.

Total revenue for the fiscal fourth quarter 2015 grew 59 percent year-over-year to a record $283.9 million, compared with total revenue of $178.2 million for the fiscal fourth quarter 2014. GAAP net loss for the fiscal fourth quarter 2015 was $46.0 million, or $0.55 per diluted share, compared with GAAP net loss of $32.1 million, or $0.41 per diluted share, for... More