Palo Alto Networks Q1 Loss Widens - Quick Facts

(RTTNews) - Palo Alto Networks, Inc. (PANW) Monday said first-quarter net loss attributable to common stockholders widened to $7.9 million or $0.11 per share from $3.5 million or $0.05 per share in the same period last year.

Adjusted net income for the quarter was $6.2 million or $0.08 per share, up from $3.3 million, or $0.05 per share in the year-ago period. On average, 24 analysts polled by Thomson Reuters expected the company to earn $0.07 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues totaled $128.18 million, up 49 percent from $85.93 million last year, while 21 analysts expected revenues of $120.80 million.