Palo Alto Networks (PANW) Tops Q2 EPS by 1c, Sales Beat; Issues Light Q3 EPS Outlook, Strong Sales

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Go back to Palo Alto Networks (PANW) Tops Q2 EPS by 1c, Sales Beat; Issues Light Q3 EPS Outlook, Strong Sales

Palo Alto Networks Reports Fiscal Second Quarter 2016 Financial Results

February 25, 2016 3:48 PM EST

SANTA CLARA, Calif., Feb. 25, 2016 /PRNewswire/ -- Palo Alto Networks (NYSE: PANW), the next-generation security company, today announced financial results for its fiscal second quarter 2016 ended January 31, 2016.

Total revenue for the fiscal second quarter 2016 grew 54 percent year-over-year to a record $334.7 million, compared with total revenue of $217.7 million for the fiscal second quarter 2015. GAAP net loss for the fiscal second quarter 2016 was $62.5 million, or $0.72 per diluted share, compared with GAAP net loss of $43.0 million, or $0.53 per diluted share, for the fiscal second... More