Palo Alto Networks beats by $0.01, beats on revenue


Palo Alto Networks (PANW): FQ2 EPS of $0.10 beats by $0.01.

Revenue of $141.1M (+46.2% Y/Y) beats by $1.48M.

From other sites
Comments (1)
  • Peregrine1
    , contributor
    Comment (1) | Send Message
     
    Really? The market can justify the Palo Alto Network price move from a close of $73.62 to $79.99, with an earnings beat of $0.01, excluding non-recurring items. Also, consider uncertainty of the lawsuit between Palo Alto and Juniper. Read the article “Did Palo Alto Really 'Win' Juniper Patent Decision”? by Daniel B. Ravicher, (Patents/litigation) at Seeking Alpha.
    He states in part “Because I believe the market misinterpreted Thursday's decision, failing to recognize the loss to Palo Alto of being able to argue invalidity and wrongly believing four of the seven patents-in-suit had been dismissed, and because I believe the splitting of the case into two trials greatly benefits Juniper, in that they only need to win on one patent at one trial, while Palo Alto now has to win both trials completely, I have established a short position in Palo Alto.”
    (http://seekingalpha.co...)
    24 Feb 2014, 01:18 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs