Palo Alto Earnings Jump 90% On Cyber ‘Paradigm Shift’

By | March 2, 2015

Scalper1 News

Palo Alto Networks late Monday reported faster-than-expected earnings growth as the security firm racked up more customers wanting to shore up Internet defenses amid a spate of high-profile breaches. The Santa Clara, Calif.-based company reported a 90% increase in earnings per share ex items to 19 cents for fiscal Q2, ended Jan. 31. It was the 15th straight quarter of double-digit EPS growth. Sales rose 54% to $217.7 million. Scalper1 News

Scalper1 News