Palo Alto Networks (PANW) Tops Q2 EPS by 12c

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Palo Alto Networks Reports Fiscal Second Quarter 2021 Financial Results

February 22, 2021 4:10 PM EST

SANTA CLARA, Calif., Feb. 22, 2021 /PRNewswire/ -- Palo Alto Networks (NYSE: PANW), the global cybersecurity leader, announced today financial results for its fiscal second quarter 2021, ended January 31, 2021.

Total revenue for the fiscal second quarter 2021 grew 25% year over year to $1.0 billion, compared with total revenue of $816.7 million for the fiscal second quarter 2020. GAAP net loss for the fiscal second quarter 2021 was $142.3 million, or $1.48 per diluted share, compared with GAAP net loss of $73.7 million, or $0.75 per diluted share, for the fiscal second quarter 2020.

Non-GAAP net income for the fiscal second quarter 2021 was $154.2... More