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

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