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Monday, Sep 10
2012, 6:16 PM
Palo Alto Networks (PANW) guides on its FQ4 call for FQ1 revenue of $80M-$84M and EPS of $0.03;...
Palo Alto Networks (PANW) guides on its FQ4 call for FQ1 revenue of $80M-$84M and EPS of $0.03; the former is mostly above an $80.1M consensus, but the latter is only in-line, as the next-gen firewall vendor continues to price aggressively and invest heavily in sales. Palo Alto also claimed it added over 1K customers for the third consecutive quarter, increasing the size of its base to above 9,000. Shares -10.8% AH - a strong post-IPO run-up had led them to be priced for perfection.