Palo Alto Networks revenue and billings beat, $500 million stock buyback planned
Palo Alto Networks Inc. reported quarterly revenue of more than $400 million for the first time Tuesday, and said it plans to buy back $500 million in stock. The security-software company reported a net loss of $54.5 million, or 61 cents a share, on revenue of $400.8 million, a 41% gain from the same quarter a year ago. After adjustments for share-based compensation and other factors, Palo Alto Networks reported profit of 50 cents a share. Analysts expected on average for Palo Alto Networks to... Читать дальше...
