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Palo Alto Networks (PANW) guidies on its FQ1 call for FQ2 revenue of $90M-$94M and EPS of $0.04,...
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Thursday, December 6, 2012, 6:29 PM ETPalo Alto Networks (PANW) guidies on its FQ1 call for FQ2 revenue of $90M-$94M and EPS of $0.04, in-line with a consensus of $90.8M and $0.04. Shares -2.9% AH to new post-IPO lows: though Palo Alto's execution remains solid and its next-gen firewalls continue to take share, the company's high multiples - it still trades at 8.8x estimated FY13 sales - have been pressuring shares. Deferred revenue rose 18% Q/Q in FQ1 to $160.4M
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