Report
Mark Cash
EUR 100.00 For Business Accounts Only

Landed as the Firewall Leader, Palo Alto Networks Ripe to Expand

No-moat Palo Alto Networks' second-quarter revenue of $711 million (30% year-over-year growth) considerably beat consensus expectations of $682 million. Compared with last year, deferred revenue increased by 32% to $2.5 billion. Lower than expected sales and marketing and G&A costs resulted in slightly positive GAAP operating margin for the quarter. While we applaud Palo Alto's ability to reel in operating expenses in the quarter, we do not expect durable operating margin expansion until fis...
Underlying
Palo Alto Networks Inc.

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.

Provider
Morningstar
Morningstar

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.

We have operations in 27 countries.

Analysts
Mark Cash

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