For its fiscal Q1 ended Oct. 31, Palo Alto Networks reported 35 cents earnings per share ex items on $297.2 million in sales, up 55% and 133%, respectively, vs. the year-earlier period.
The consensus of 37 analysts polled by Thomson Reuters called for $284.4 million in sales and 32 cents EPS ex items. Three months ago, Palo Alto Networks guided to $280 million to $284 million and 31-32 cents.
For the current quarter, Palo Alto Networks sees $314 million to $318 million in sales and 38-39 cents EPS minus items. Wall Street had forecast $310.6 million and 38 cents.
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