Palo Alto Networks (PANW) Tops Q4 EPS by 11c; Issues Solid Outlook

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Go back to Palo Alto Networks (PANW) Tops Q4 EPS by 11c; Issues Solid Outlook

Palo Alto Networks Reports Fiscal Fourth Quarter and Fiscal Year 2018 Financial Results

September 6, 2018 4:15 PM EDT

SANTA CLARA, Calif., Sept. 6, 2018 /PRNewswire/ -- Palo Alto Networks® (NYSE: PANW), the global cybersecurity leader, announced today financial results for its fiscal fourth quarter and fiscal year 2018, ended July 31, 2018.

Total revenue for the fiscal fourth quarter 2018 grew 29 percent year over year to $658.1 million, compared with total revenue of $509.1 million for the fiscal fourth quarter 2017. GAAP net loss for the fiscal fourth quarter 2018 was $2.3 million, or $0.02 per diluted share, compared with GAAP net loss of $38.2 million, or $0.42 per diluted share, for the fiscal fourth quarter 2017.

Non-GAAP net income for the fiscal... More