Palo Alto Networks Q4 Loss Widens - Quick Facts

(RTTNews) - Palo Alto Networks, Inc. (PANW) Monday said fourth-quarter loss widened to $15.8 million or $0.22 per share from $4.6 million or $0.18 per share in the same period last year.

Adjusted earnings for the quarter was $4.7 million or $0.06 per share. On average, 27 analysts polled by Thomson Reuters expected the company to earn $0.06 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues totaled $112.4 million, up 49 percent from $75.6 million last year. Analysts expected revenues of $108.98 million.

Operating expenses increased to $89.01 million from $58.32 million last year.