Palo Alto Networks (PANW) Tops Q2 EPS by 7c, Guidance Misses

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Go back to Palo Alto Networks (PANW) Tops Q2 EPS by 7c, Guidance Misses

Palo Alto Networks Reports Fiscal Second Quarter 2020 Financial Results

February 24, 2020 4:15 PM EST

SANTA CLARA, Calif., Feb. 24, 2020 /PRNewswire/ -- Palo Alto Networks (NYSE: PANW), the global cybersecurity leader, announced today financial results for its fiscal second quarter 2020, ended January 31, 2020.

Total revenue for the fiscal second quarter 2020 grew 15% year over year to $816.7 million, compared with total revenue of $711.2 million for the fiscal second quarter 2019. GAAP net loss for the fiscal second quarter 2020 was $73.7 million, or $0.75 per diluted share, compared with GAAP net loss of $2.6 million, or $0.03 per diluted share, for the fiscal second quarter 2019.

Non-GAAP net income for the fiscal second quarter 2020 was $120.3... More