Palo Alto Networks (PANW) PT Raised to $183 at Jefferies

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Go back to Palo Alto Networks (PANW) PT Raised to $183 at Jefferies

Palo Alto Networks Reports Fiscal First Quarter 2018 Financial Results

November 20, 2017 4:10 PM EST

SANTA CLARA, Calif., Nov. 20, 2017 /PRNewswire/ -- Palo Alto Networks® (NYSE: PANW), the next-generation security company, today announced financial results for its fiscal first quarter 2018 ended October 31, 2017.

Total revenue for the fiscal first quarter 2018 grew 27 percent year over year to $505.5 million, compared with total revenue of $398.1 million for the fiscal first quarter 2017. GAAP net loss for the fiscal first quarter 2018 was $64.0 million, or $0.70 per diluted share, compared with GAAP net loss of $56.9 million, or $0.63 per diluted share, for the fiscal first quarter 2017.

Non-GAAP net income for the fiscal first quarter 2018... More