JPMorgan Upgrades Palo Alto Networks (PANW) to Neutral

Go back to JPMorgan Upgrades Palo Alto Networks (PANW) to Neutral

Palo Alto Networks Reports Fiscal Second Quarter 2022 Financial Results. Live earnings call at 2pm Pacific Time Today

February 22, 2022 4:05 PM EST

SANTA CLARA, Calif., Feb. 22, 2022 /PRNewswire/ -- Palo Alto Networks (NASDAQ: PANW), the global cybersecurity leader, announced today financial results for its fiscal second quarter 2022, ended January 31, 2022.

Total revenue for the fiscal second quarter 2022 grew 30% year over year to $1.3 billion, compared with total revenue of $1.0 billion for the fiscal second quarter 2021. GAAP net loss for the fiscal second quarter 2022 was $93.5 million, or $0.95 per diluted share, compared with GAAP net loss of $142.3 million, or $1.48 per diluted share, for the fiscal second quarter 2021.

Non-GAAP net income for the fiscal second quarter 2022 was $185.0... More

Palo Alto Networks Introduces the Autonomous Security Platform, Cortex XSIAM, to reimagine SIEM and SOC Analytics

February 22, 2022 8:15 AM EST

SANTA CLARA, Calif., Feb. 22, 2022 /PRNewswire/ -- A major challenge in cybersecurity today is our inability to leverage massive scales of data for our defense. To meet this challenge, Palo Alto Networks (NASDAQ: PANW) today announced Cortex® XSIAM: an AI-driven platform that can revolutionize the way data, analytics and automation are deployed by security organizations. Extended Security Intelligence & Automation Management (XSIAM) turns widespread infrastructure telemetry into an intelligent data... More