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0.00126526570579816 0.00308064693585654 0.00341071625041261 0.000605127076686179 0.0481901199251842 0.185498954780504 0.193750687644405 0.186599185829024
Stock impact report

Palo Alto beats revenue on strength of cloud security business [Reuters (UK)]

Palo Alto Networks, Inc. (PANW) 
Last palo alto networks, inc. earnings: 2/24 04:15 pm Check Earnings Report
Company Research Source: Reuters
Palo Alto beats revenue on strength of cloud security business - Reuters 1 Min Read (Reuters) - Cybersecurity firm Palo Alto Networks reported better-than-expected quarterly revenue on Wednesday, helped by strong demand in its cloud security business. Separately, the company said it will acquire Zingbox, an IoT security provider, for $75 million in cash. Total revenue rose 22.4% to $805.8 million in the fourth quarter ended July 31. Analysts were expecting $802.4 million, according to IBES data from Refinitiv. The company reported a net loss of $20.8 million, or 22 cents per share, compared to a profit of $7 million, or 7 cents per share, a year earlier. Reporting by Ayanti Bera in Bengaluru; Editing by Shailesh Kuber All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2019 Reuters. All Rights Reserved. Show less Read more
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