Palo Alto Networks Earnings Soar On Security Threats

By | March 2, 2015

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Palo Alto Networks (PANW) late Monday posted fiscal Q2 earnings and revenue growth that beat Wall Street targets, and its guidance for the current quarter also edged views. For the quarter ended Jan. 31, the network security vendor reported earnings per share minus items of 19 cents, up 90% from 10 cents in the year-earlier period. Revenue rose 54% to $217.7 million. Analysts polled by Thomson Reuters had expected EPS ex items of 17 cents on Scalper1 News

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