JPMorgan Upgrades Palo Alto Networks (PANW) to Neutral
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Palo Alto Networks Reports Fiscal Second Quarter 2022 Financial Results. Live earnings call at 2pm Pacific Time Today
February 22, 2022 4:05 PM ESTSANTA 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%Â 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 ESTSANTA 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
