Palo Alto Networks (PANW) Tops Q2 EPS by 1c, Q3 Guidance Falls Short

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Palo Alto Networks Reports Fiscal Second Quarter 2017 Financial Results

February 28, 2017 4:05 PM EST

SANTA CLARA, Calif., Feb. 28, 2017 /PRNewswire/ -- Palo Alto Networks® (NYSE: PANW), the next-generation security company, today announced financial results for its fiscal second quarter 2017 ended January 31, 2017.

Total revenue for the fiscal second quarter 2017 grew 26 percent year over year to $422.6 million, compared with total revenue of $334.7 million for the fiscal second quarter 2016. GAAP net loss for the fiscal second quarter 2017 was $60.6 million, or $0.67 per diluted share, compared with GAAP net loss of $57.3 million, or $0.66 per diluted share, for the fiscal second... More