Palo Alto Networks (PANW) Tops Q1 EPS by 12c, Q2 Revenue Guidance Beats

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Go back to Palo Alto Networks (PANW) Tops Q1 EPS by 12c, Q2 Revenue Guidance Beats

Palo Alto Networks Reports Fiscal First Quarter 2019 Financial Results

November 29, 2018 4:15 PM EST

SANTA CLARA, Calif., Nov. 29, 2018 /PRNewswire/ -- Palo Alto Networks (NYSE: PANW), the global cybersecurity leader, announced today financial results for its fiscal first quarter 2019, ended October 31, 2018. Palo Alto Networks adopted the new revenue standard ASC 606 as of August 1, 2018 using the full retrospective method. Prior period information, and the financial outlook provided below (including all comparative references), have been adjusted to reflect the adoption of the new standard.

Total revenue for the fiscal first quarter 2019 grew 31 percent year over year to $656 million, compared with total revenue of $501.8 million for the fiscal... More