Tag Archives: panw

Palo Alto Networks Swamps FireEye, Cisco, Check Point

Palo Alto Networks’ (PANW) fiscal Q1 beat-and-raise late Monday came at the expense of rivals Check Point Software Technologies (CHKP), Cisco Systems (CSCO) and FireEye (FEYE), analysts wrote Tuesday. Palo Alto Networks stock was rising for a seventh consecutive day, up 5% in midday trading in the stock market today, above 181. Shares hit an all-time high of 199 on July 24 and are up more than 45% this year. On Tuesday, at least seven analysts

Palo Alto Networks Beats Wall Street, But Decelerates

Cybersecurity firm Palo Alto Networks (PANW) crushed Wall Street’s fiscal Q1 predictions late Monday, posting record sales and earnings that more than doubled vs. the year-earlier quarter. Its fiscal Q2 EPS and revenue also edged expectations, but shares were down a fraction after hours, after the earnings release. The growing company’s EPS and revenue growth decelerated, however. That broke a streak of four straight quarters of accelerating

Palo Alto Networks May See Q1 Decelerate Yet Beat

Palo Alto Networks (PANW) is forecast to report record Q1 sales and earnings after the close Monday, but growth in both metrics is expected to decelerate year over year from some scorching growth rates in recent quarters. The consensus of 37 analysts polled by Thomson Reuters sees 32 cents earnings per share ex items on $284.4 million in sales for the security software maker’s fiscal Q1, which ended Oct. 31. By these predictions, sales would be up