Palo Alto Networks Stock Bullish By 12% At Session Start Today

(VIANEWS) – Shares of Palo Alto Networks (NYSE: PANW) jumped by a staggering 12.31% to $187.44 at 10:08 EST on Wednesday, after five successive sessions in a row of losses. NYSE is sliding 1.69% to $15,572.52, after five sequential sessions in a row of losses. This seems, as yet, an all-around negative trend trading session today.

Palo Alto Networks’s last close was $166.89, 21.88% below its 52-week high of $213.63.

About Palo Alto Networks

Palo Alto Networks, Inc. provides cybersecurity solutions worldwide. The company offers firewall appliances and software; Panorama, a security management solution for the control of firewall appliances and software deployed on a customer's network, as well as their instances in public or private cloud environments, as a virtual or a physical appliance; and virtual system upgrades, which are available as extensions to the virtual system capacity that ships with physical appliances. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, and firewall; and DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention. In addition, the company offers cloud security, secure access, security operations, and threat intelligence and cyber security consulting; professional services, including architecture design and planning, implementation, configuration, and firewall migration; education services, such as certifications, as well as online and in-classroom training; and support services. Palo Alto Networks, Inc. sells its products and services through its channel partners, as well as directly to medium to large enterprises, service providers, and government entities operating in various industries, including education, energy, financial services, government entities, healthcare, Internet and media, manufacturing, public sector, and telecommunications. The company was incorporated in 2005 and is headquartered in Santa Clara, California.

Earnings Per Share

As for profitability, Palo Alto Networks has a trailing twelve months EPS of $-3.84.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -27.93%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 25.3%, now sitting on 5.82B for the twelve trailing months.

More news about Palo Alto Networks (PANW).

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