Palo Alto Posts Strong Start to the Year and Lifts Guidance on Solid Execution; Raising FVE To $133
Palo Alto brushed off the cautious outlook provided by its peers as it posted better-than-expected first-quarter fiscal 2018 results and raised its full-year revenue and EPS guidance due to higher expectations for product revenue growth and profitability profile improvement. The company reported strong sales across all verticals, especially in the federal government space as spending started to normalize. It is becoming increasingly obvious that Palo Alto is equally capable of retaining its exis...Palo Alto Networks provides a platform that allows enterprises, service providers, and government entities to secure their organizations. The company's platform uses a traffic classification engine that identifies network traffic by application, user, and content and provides security across the network, endpoint, and cloud. The company's product, subscription, and support offerings include: firewall appliances and software; and Panorama, which is a centralized security management solution for global control of various firewall appliances and software deployed on an end-customer's network as well as in their instances in public or private cloud environments as a virtual appliance or a physical appliance.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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