Palo Alto Networks Inc PANW reports earnings on Monday afternoon. Below is a live blog of the events. The conference call is scheduled to begin at 4:30 PM ET.
04:55:01pm: Response: WildFire's competition is primarily FireEye. People compare ours with FireEye, and "ultimately choose" ours.
04:54:11pm: Credit Suisse analyst asks about WildFire.
04:50:55pm: "We're going to continue to balance top line growth with investing in the business...we're focused in taking as much market share as possible, but doing it profitably."
04:50:44pm: Goldman analyst asks about margin guidance.
04:50:10pm: Q&A begins.
04:44:22pm: Talking revenue on call.
04:40:45pm: We serve 81 of the Fortune 100; examples of new customer wins include a global financial giant in Europe and one of the world's largest insurance companies.
04:37:11pm: We serve 81 of the Fortune 100; examples of new customer wins include a global financial giant in Europe and one of the world's largest insurance companies.
04:34:12pm: McLaughlin: We're in a "paradigm shift," everyone needs cybersecurity.
04:33:11pm: CEO Mark McLaughlin: "We delivered very strong results across all metrics." Billings were up 51 percent year-over-year. "Our results support our belief that our [platform]" is the right solution at the right time in history.
04:05:30pm: Palo Alto Networks Reports Q2 2015 Adj. EPS $0.19 vs $0.17 Est., Sales $217.7M vs $204M Est.
Further Reading
- Nomura Raises Price Target On Palo Alto Networks Ahead Of Earnings
- 9 Key Points Every Cybersecurity Investor Should Know
- Why Pacific Crest Is Yelling 'Up, Up And Away' At Palo Alto Networks
Image credit: Jawed Karim, Wikimedia
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