Palo Alto Networks (PANW) Tops Q3 EPS by 3c, Revenue Beats, Offers Q4 Guidance

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Go back to Palo Alto Networks (PANW) Tops Q3 EPS by 3c, Revenue Beats, Offers Q4 Guidance

Palo Alto Networks Reports Fiscal Third Quarter 2018 Financial Results

June 4, 2018 7:30 AM EDT

SANTA CLARA, Calif., June 4, 2018 /PRNewswire/ -- Palo Alto Networks® (NYSE: PANW), the global cybersecurity leader, announced today financial results for its fiscal third quarter 2018, ended April 30, 2018.

Total revenue for the fiscal third quarter 2018 grew 31 percent year over year to $567.1 million, compared with total revenue of $431.8 million for the fiscal third quarter 2017. GAAP net loss for the fiscal third quarter 2018 was $46.7 million, or $0.51 per diluted share, compared with GAAP net loss of $60.9 million, or $0.67 per diluted share, for the fiscal third quarter 2017.

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