Palo Alto Networks (PANW) Tops Q4 EPS by 9c, Q1 Guidance Beats

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Go back to Palo Alto Networks (PANW) Tops Q4 EPS by 9c, Q1 Guidance Beats

Palo Alto Networks Reports Fiscal Fourth Quarter and Fiscal Year 2020 Financial Results

August 24, 2020 4:10 PM EDT

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

Total revenue for the fiscal fourth quarter 2020 grew 18% year over year to $950.4 million, compared with total revenue of $805.8 million for the fiscal fourth quarter 2019. GAAP net loss for the fiscal fourth quarter 2020 was $58.9 million, or $0.61 per diluted share, compared with GAAP net loss of $20.8 million, or $0.22 per diluted share, for the fiscal fourth quarter 2019.

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