UPDATE: BMO Capital Downgrades Palo Alto Networks (PANW) to Market Perform
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Palo Alto Networks Reports Fiscal Second Quarter 2020 Financial Results
February 24, 2020 4:15 PM ESTSANTA 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%Â 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
Palo Alto Networks Introduces Cortex XSOAR, Redefines Security Orchestration and Automation with Integrated Threat Intel Management
February 24, 2020 8:00 AM ESTSANTA CLARA, Calif., Feb. 24, 2020 /PRNewswire/ -- Palo Alto Networks (NYSE: PANW), the global cybersecurity leader, today introduced Cortex XSOAR, an extended security orchestration, automation and response platform that empowers security leaders with instant capabilities against threats across their entire enterprise. Cortex XSOAR is an evolution of the Demisto® platform, which was... More
