palo alto networks inc (PANW) Key Developments
StarLink Signs Distribution Agreement with Palo Alto Networks
Jan 21 15
StarLink announced that it has signed a distribution agreement with Palo Alto Networks. StarLink will sell and support the Palo Alto Networks enterprise security platform offering through its network of channel partners to enterprise and government customers in the GCC (Gulf Cooperation Council).
Palo Alto Networks Names Steve Redman as Vice President for Asia Pacific
Jan 12 15
Palo Alto Networks announced the appointment of Steve Redman as vice president for Asia Pacific (APAC). In this
role, Redman will be responsible for driving revenue growth, market momentum and overall business strategy for
the company in the Asia Pacific market. Redman, who will be based in Sydney, Australia, is recognised as a
technology industry leader, having held senior management positions across Australia/New Zealand, the Asia
Pacific region and the United States. Prior to taking up the role with Palo Alto Networks, Redman was president
of Worldwide Sales at McAfee for two years.
Palo Alto Networks, Inc. Presents at 17th Annual Needham Growth Conference, Jan-13-2015 12:45 PM
Dec 3 14
Palo Alto Networks, Inc. Presents at 17th Annual Needham Growth Conference, Jan-13-2015 12:45 PM. Venue: New York Palace Hotel, 455 Madison Avenue, New York, New York, United States. Speakers: Kelsey Turcotte, Vice President of Investor Relations.
Palo Alto Networks, Inc. Reports Preliminary Unaudited Consolidated Earnings Results for the First Quarter Ended October 31, 2014; Provides Earnings Guidance for the Second Quarter of 2015
Nov 24 14
Palo Alto Networks, Inc. reported preliminary unaudited consolidated earnings results for the first quarter ended October 31, 2014. For the quarter, the company's total revenue was $192,346,000 against $128,180,000 a year ago. Operating loss was $23,763,000 against $7,011,000 a year ago. Loss before income taxes was $28,911,000 against $6,614,000 a year ago. Net loss was $30,068,000 or $0.38 per diluted share compared with $7,861,000 or $0.11 per diluted share a year ago. Non-GAAP net income was $12,837,000, or $0.15 per diluted share, compared with $6,170,000, or $0.08 per diluted share a year ago. Net cash provided by operating activities was $74,928,000 against $38,881,000 a year ago. Purchases of property, equipment, and other assets were $5,935,000 against $15,680,000 a year ago. Free cash flow was $68,993,000 against $23,201,000 a year ago.
For the second quarter of 2015, the company expects total revenue to be in the range of $200 million to $204 million, representing year-over-year growth between 42% and 45%. Diluted non-GAAP earnings per share are expected to be in the range of $0.16 to $0.17 using 85 million to 87 million shares.
Palo Alto Networks, Inc. Presents at Barclays Capital Global Technology Conference, Dec-10-2014 12:10 PM
Nov 19 14
Palo Alto Networks, Inc. Presents at Barclays Capital Global Technology Conference, Dec-10-2014 12:10 PM. Venue: Palace Hotel, 2 New Montgomery Street, San Francisco, California, United States. Speakers: Mark D. McLaughlin, Chairman, Chief Executive Officer and President, Nir Zuk, Co-Founder, Chief Technology Officer and Director.