Palo Alto Networks (PANW) Tops Q3 EPS by 6c, Q4 Guidance Beats

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Palo Alto Networks Reports Fiscal Third Quarter 2017 Financial Results

May 31, 2017 4:05 PM EDT

SANTA CLARA, Calif., May 31, 2017 /PRNewswire/ -- Palo Alto Networks® (NYSE: PANW), the next-generation security company, today announced financial results for its fiscal third quarter 2017 ended April 30, 2017.

Total revenue for the fiscal third quarter 2017 grew 25 percent year over year to $431.8 million, compared with total revenue of $345.8 million for the fiscal third quarter 2016. GAAP net loss for the fiscal third quarter 2017 was $60.9 million, or $0.67 per diluted share, compared with GAAP net loss of $64.1 million, or $0.73 per diluted share, for the fiscal third... More