Palo Alto Networks Beats Wall Street, But Decelerates

By | November 23, 2015

Scalper1 News

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 Scalper1 News

Scalper1 News