Palo Alto Networks (PANW) Guidance Overly Conservative - Baird

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Palo Alto Networks (PANW) Tops Q2 EPS by 1c, Sales Beat; Issues Light Q3 EPS Outlook, Strong Sales

February 25, 2016 3:29 PM EST

(Updated - February 25, 2016 3:31 PM EST)

Palo Alto Networks (NYSE: PANW) reported Q2 EPS of $0.40, $0.01 better than the analyst estimate of $0.39. Revenue for the quarter came in at $334.7 million versus the consensus estimate of $318.32 million. Earnings were leaked out over 30 minutes before they were supposed to be released.

Fiscal second quarter billings grow 62 percent... More