Palo Alto Networks Reports Fiscal First Quarter 2020 Financial Results

Palo Alto Networks has announced the financial results for its fiscal first quarter 2020, which ended October 31, 2019.

Total revenue for the fiscal first quarter 2020 grew 18 percent YoY to $771.9 million, compared with total revenue of $656.0 million for the fiscal first quarter 2019. GAAP net loss for the fiscal first quarter 2020 was $59.6 million, or $0.62 per diluted share, compared with GAAP net loss of $38.3 million, or $0.41 per diluted share, for the fiscal first quarter 2019.

Non-GAAP net income for the fiscal first quarter 2020 was $104.8 million, or $1.05 per diluted share, compared with non-GAAP net income of $115.4 million, or $1.17 per diluted share, for the fiscal first quarter 2019.

For a complete breakdown, click here.