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Palo Alto Networks Inc (PANW.N)

PANW.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Federal Circuit Clears Finjan’S ‘408 Patent And Awards Costs
Thursday, 20 Sep 2018 

Sept 20 (Reuters) - Finjan Holdings Inc ::FEDERAL CIRCUIT CLEARS FINJAN’S ‘408 PATENT AND AWARDS COSTS.FINJAN HOLDINGS INC - COURT AFFIRMS TWO PTAB INTER PARTES FINDINGS AGAINST PALO ALTO NETWORKS.FINJAN HOLDINGS INC - COURT ALSO AWARDED COSTS OF APPEAL TO FINJAN.  Full Article

Palo Alto Networks Files For Potential Mixed Shelf Offering, Size Not Disclosed
Thursday, 13 Sep 2018 

Sept 13 (Reuters) - Palo Alto Networks Inc ::PALO ALTO NETWORKS INC FILES FOR POTENTIAL MIXED SHELF OFFERING; SIZE NOT DISCLOSED.  Full Article

Palo Alto Networks Announces Pricing Of $1.5 Bln Offering Of 0.75 Pct Convertible Senior Notes
Tuesday, 10 Jul 2018 

July 10 (Reuters) - Palo Alto Networks Inc ::PALO ALTO NETWORKS, INC. ANNOUNCES PRICING OF $1.5 BILLION OFFERING OF 0.75% CONVERTIBLE SENIOR NOTES DUE 2023.PALO ALTO NETWORKS INC - CO MAY NOT REDEEM NOTES PRIOR TO MATURITY.  Full Article

Palo Alto Networks Q2 Non-Gaap Earnings Per Share $0.97
Monday, 26 Feb 2018 

Feb 26 (Reuters) - Palo Alto Networks Inc ::PALO ALTO NETWORKS REPORTS FISCAL SECOND QUARTER 2018 FINANCIAL RESULTS.Q2 NON-GAAP EARNINGS PER SHARE $0.97.Q2 GAAP LOSS PER SHARE $0.38.Q2 REVENUE ROSE 28 PERCENT TO $542.4 MILLION.SEES Q3 2018 NON-GAAP EARNINGS PER SHARE $0.94 TO $0.96.SEES Q3 2018 REVENUE $538 MILLION TO $548 MILLION.SEES FY 2018 REVENUE $2.19 BILLION TO $2.22 BILLION.SEES FY 2018 REVENUE UP 24 TO 26 PERCENT.SEES Q3 2018 REVENUE UP 25 TO 27 PERCENT.SEES 2018 DILUTED NON-GAAP NET INCOME PER SHARE IN THE RANGE OF $3.84 TO $3.91.PALO ALTO NETWORKS - IN Q2, CO HAD GAAP ONE-TIME TAX BENEFIT OF $6.2 MILLION ASSOCIATED WITH TCJA, WHICH RESULTED IN BENEFIT TO Q2 GAAP EPS OF $0.07.Q2 EARNINGS PER SHARE VIEW $0.79, REVENUE VIEW $525.0 MILLION -- THOMSON REUTERS I/B/E/S.Q3 EARNINGS PER SHARE VIEW $0.81, REVENUE VIEW $532.7 MILLION -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $3.40, REVENUE VIEW $2.17 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Palo Alto Networks Q1 non-gaap earnings per share $0.74
Monday, 20 Nov 2017 

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 

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 

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 

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 

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 revenue, profit beat Street estimates

Cybersecurity company Palo Alto Networks Inc topped Wall Street estimates for revenue and profit on Tuesday, aided by better-than-expected growth in its product business, sending its shares up 6 percent.