Palo Alto Q3 Beats; Acquisition Aims To Spur Growth

By | May 27, 2015

Scalper1 News

Palo Alto Networks late Wednesday posted accelerating earnings growth that topped fiscal Q3 forecasts, and it acquired another company to further boost security capabilities and tap new opportunities. The Santa Clara, Calif.-based network security company’s earnings per share excluding items soared 109% to 23 cents, beating views by 3 cents. That’s up from 90%, 88% and 83% gains in the prior three quarters. Revenue leapt 55% to Scalper1 News

Scalper1 News