Edition:
United States

Palo Alto Networks Inc (PANW.N)

PANW.N on New York Stock Exchange

157.82USD
18 Jan 2018
Change (% chg)

$3.59 (+2.33%)
Prev Close
$154.23
Open
$156.91
Day's High
$158.72
Day's Low
$156.21
Volume
420,692
Avg. Vol
290,586
52-wk High
$158.72
52-wk Low
$107.37

Latest Key Developments (Source: Significant Developments)

Palo Alto Networks Q1 non-gaap earnings per share $0.74
Monday, 20 Nov 2017 04:10pm EST 

Nov 20 (Reuters) - Palo Alto Networks Inc ::Palo Alto Networks reports fiscal first quarter 2018 financial results.Q1 non-gaap earnings per share $0.74.Q1 gaap loss per share $0.70.Q1 revenue $505.5 million versus I/B/E/S view $489 million.Q1 earnings per share view $0.69 -- Thomson Reuters I/B/E/S.Sees Q2 2018 non-gaap earnings per share $0.78 to $0.80.Sees FY 2018 non-gaap earnings per share $3.35 to $3.41.Sees FY 2018 revenue $2.145 billion to $2.185 billion.Sees FY 2018 revenue up 22 to 24 percent.Sees Q2 2018 revenue $518 million to $528 million.Sees Q2 2018 revenue up 23 to 25 percent.Palo Alto Networks Inc - ‍announced appointment of Kathy Bonanno as company's next chief financial officer​.Q2 earnings per share view $0.77, revenue view $519.9 million -- Thomson Reuters I/B/E/S.FY 2018 earnings per share view $3.32, revenue view $2.15 billion -- Thomson Reuters I/B/E/S.  Full Article

Palo Alto Networks CFO, Steffan Tomlinson notifies co of his intention to retire​
Thursday, 31 Aug 2017 05:00pm EDT 

Sept 1 (Reuters) - Palo Alto Networks Inc :Palo Alto Networks Inc - ‍On August 29, Steffan Tomlinson EVP, chief financial officer, notified company of his intention to retire and resign​.Palo Alto Networks Inc - ‍Tomlinson has agreed to stay on as company's chief financial officer until his replacement has been found - SEC filing​.Palo Alto Networks Inc - ‍ On August 29 board named Lee Klarich, 42, executive vice president, chief product officer​.Palo Alto Networks - ‍ On August 29, board increased size of board from ten to eleven, appointed Sridhar Ramaswamy to board effective August 29, 2017​.  Full Article

Palo Alto Networks reports quarterly non-GAAP earnings per share $0.92
Thursday, 31 Aug 2017 04:10pm EDT 

Aug 31 (Reuters) - Palo Alto Networks Inc ::Reports fiscal fourth quarter and fiscal year 2017 financial results.Says Q4 non-GAAP earnings per share $0.92.Says Q4 GAAP loss per share $0.42.Says Co sees Q1 2018 Non-GAAP earnings per share $0.67 to $0.69.Says Co sees FY 2018 Non-GAAP earnings per share $3.24 to $3.34.Says Co sees FY 2018 revenue $2.125 billion to $2.165 billion.Says Co sees FY 2018 revenue up 21 to 23 percent.Says Co sees Q1 2018 revenue $482 million to $492 million.Says Co sees Q1 2018 revenue up 21 to 24 percent.Says Q4 earnings per share view $0.79 -- Thomson Reuters I/B/E/S.Says ‍total revenue for fiscal Q4 2017 grew 27 percent year over year to $509.1 million​.Says Q4 revenue view $487.3 million -- Thomson Reuters I/B/E/S.  Full Article

Palo Alto Networks forms a $20 mln security venture fund​
Tuesday, 13 Jun 2017 02:16pm EDT 

June 13 (Reuters) - Palo Alto Networks Inc ::Palo Alto Networks Inc says ‍is forming a $20 million security venture fund​.$20 million security venture fund expects to collaborate with Greylock Partners and Sequoia Capital.Fund will be aimed at seed-, early- and growth-stage security companies with a cloud-based application approach.  Full Article

Palo Alto Networks Q3 non-gaap EPS $0.61
Wednesday, 31 May 2017 04:05pm EDT 

May 31 (Reuters) - Palo Alto Networks Inc ::Palo Alto Networks reports fiscal third quarter 2017 financial results.Q3 non-gaap earnings per share $0.61.Q3 gaap loss per share $0.67.Q3 revenue $431.8 million versus I/B/E/S view $411.9 million.Q3 earnings per share view $0.55 -- Thomson Reuters I/B/E/S.Sees q4 2017 non-gaap earnings per share $0.78 to $0.80.Sees q4 2017 revenue $481 million to $491 million.Sees q4 2017 revenue up 20 to 23 percent.Q4 earnings per share view $0.74, revenue view $484.4 million -- Thomson Reuters I/B/E/S.  Full Article

Palo Alto Networks completes acquisition of LightCyber
Tuesday, 28 Feb 2017 04:06pm EST 

Palo Alto Networks Inc :Says announced its acquisition of LightCyber; Palo Alto networks has acquired LightCyber for $105 million in cash.  Full Article

Palo Alto Networks Q2 non-gaap earnings per share $0.63
Tuesday, 28 Feb 2017 04:05pm EST 

Palo Alto Networks Inc : Palo Alto Networks Inc - announces $500 million share repurchase increase bringing total repurchase authorization to $1 billion . Palo Alto Networks reports fiscal second quarter 2017 financial results . Q2 NON-GAAP earnings per share $0.63 . Q2 GAAP loss per share $0.67 . Q2 revenue $422.6 million versus i/b/e/s view $429.7 million . Sees Q3 2017 NON-GAAP earnings per share $0.54 to $0.56 including items . Sees Q3 2017 revenue $406 million to $416 million . Sees Q3 2017 revenue up 17 to 20 percent . Q2 earnings per share view $0.62 -- Thomson Reuters I/B/E/S .Q3 earnings per share view $0.70, revenue view $454.6 million -- Thomson Reuters I/B/E/S.  Full Article

Jennison Associates reports 5.8 pct passive stake in Palo Alto Networks - SEC filing
Friday, 3 Feb 2017 12:37pm EST 

Palo Alto Networks Inc :Jennison Associates LLC reports 5.8 percent passive stake in Palo Alto Networks Inc as of December 31, 2016 - SEC filing.  Full Article

Palo Alto Networks reports Q1 GAAP loss per share $0.69
Monday, 21 Nov 2016 04:03pm EST 

Palo Alto Networks Inc : Palo Alto Networks reports fiscal first quarter 2017 financial results . Q1 GAAP loss per share $0.69 . Sees Q2 2017 non-gaap earnings per share $0.61 to $0.63 . Sees Q2 2017 revenue up 27 to 29 percent . Q1 non-GAAP earnings per share $0.55 . Q1 earnings per share view $0.52 -- Thomson Reuters I/B/E/S . Sees Q2 2017 revenue $426 million to $432 million . Q2 earnings per share view $0.63, revenue view $438.8 million -- Thomson Reuters I/B/E/S .Palo Alto Networks Inc qtrly total revenue as adjusted $398.1 million versus $297.2 million.  Full Article

Palo Alto Networks posts Q3 non-gaap EPS of $0.42
Thursday, 26 May 2016 04:03pm EDT 

Palo Alto Networks Inc : Q4 earnings per share view $0.50, revenue view $389.5 million -- Thomson Reuters I/B/E/S . Palo alto networks reports fiscal third quarter 2016 financial results . Q3 non-gaap earnings per share $0.42 . Q3 gaap loss per share $0.80 . Q3 revenue $345.8 million versus i/b/e/s view $339.5 million . Q3 earnings per share view $0.42 -- Thomson Reuters I/B/E/S . Sees q4 2016 non-gaap earnings per share $0.48 to $0.50 . Sees q4 2016 revenue $386 million to $390 million .Sees q4 2016 revenue up 36 to 37 percent.  Full Article

Strong cyber security demand helps Palo Alto top estimates

Palo Alto Networks Inc on Monday reported better-than-expected quarterly revenue and profit, as it benefited from robust demand for its cloud-based security services, sending its shares up more than 6 percent in extended trading.