Palo Alto Networks (PANW) Tops Q3 EPS by 6c, Q4 Guidance Beats

(Updated - May 31, 2017 4:07 PM EDT)

Palo Alto Networks (NYSE: PANW) reported Q3 EPS of $0.61, $0.06 better than the analyst estimate of $0.55. Revenue for the quarter came in at $431.8 million versus the consensus estimate of $412.02 million.

Financial Outlook

Palo Alto Networks provides guidance based on current market conditions and expectations.

For the fiscal fourth quarter 2017, we expect:

• Total revenue in the range of $481 to $491 million, representing year-over-year growth between 20 percent and 23 percent.
• Diluted non-GAAP net income per share in the range of $0.78 to $0.80 using 93 to 95 million share

(Street sees Q4 EPS of 74 cents on revenue of $484.9)

For earnings history and earnings-related data on Palo Alto Networks (PANW) click here.

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