21.08.2016 - Palo Alto Networks revenues increased by 41%

The company Palo Alto Networks has published a report according to which the company's net loss for the quarter that ended July 31 rose by 18% to 54.5 million, but revenue increased by 41% to 400.8 million dollars. It is worth noting that last week the company approved a share buyback for 500 million dollars. Our medium-term outlook for the stock is positive, against a background of significant potential for revenue growth.

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