The hottest paloaltonetworks released the second

Palo Alto networks released its second quarter financial report, and the epidemic continued to work.

Palo Alto networks released its second quarter financial report yesterday, and its performance greatly exceeded expectations. In this quarter, Palo Alto networks' earnings per share was $1.55 and revenue was $1billion, an increase of 25% over the same period last year, far exceeding the Wall Street forecast of $1.43 per share and sales of $985.68 million

palo Alto networks released its second quarter financial report yesterday, and its performance greatly exceeded expectations. This achievement coincided with the period when enterprises began to increase their investment in network security

Palo Alto networks' earnings per share in this quarter was $1.55 and revenue was $1billion, an increase over the same period last year. China's experimental machine industry has a history of more than 510 years, with a 25% growth, far exceeding the Wall Street forecast of $1.43 per share and $985.68 million in sales

palo Alto networks said that the billing revenue in the second quarter increased by 22% over the same period last year to $1.2 billion. Investors are more concerned about this item, because the billing revenue represents the amount the company expects to recover from customers in a specific period of time

nikesh aro, CEO of Palo Alto networks, said that driven by the strong execution in the quarter, the company's business showed a strong momentum of development

pal ② increase industry concentration o Alto networks mainly sells enterprise network security platform, which includes network security, cloud security, endpoint protection and other security services of various cloud delivery methods

especially in recent months, Palo Alto networks' products have been popular, in part because of a number of interesting network attacks recently, such as the recent solarwinds hacker attacks. This makes enterprises nervous and try to strengthen security defense, so the expenditure on security also increases. This trend enables network security companies to benefit from it

in the quarter just ended, Palo Alto networks made a major update to the prism access platform and expanded its security product family. At this time, the inertia force generated by the configuration quality of the resonance system in the vibration state will act on the experimental sample. The platform is a SASE product, which can help enterprises ensure the network and application safety used by remote workers. In addition, Palo Alto networks also acquired an Israeli start-up called bridgecrew, which developed an infrastructure, namely code tools, to help enforce security standards during application development

looking forward to the third quarter, the guidance provided by Palo Alto networks is generally in line with Wall Street expectations. Palo Alto networks said that it expected earnings per share of $1.27 to $1.29 and revenue of $1.05 billion to $1.06 billion in the quarter. Previously, Wall Street expected earnings per share of $1.28 and revenue of $1.05 billion

in addition, technology stocks fell more than 3% yesterday, and Palo Alto networks' share price fell more than 1% in after hours trading

source: siliconangle