Palo Alto Networks 2015 Revenue Comes in at $928.1 Million

For the fourth quarter, Palo Alto reported revenue of $283.9 million for a 59 percent year over year gain. For the full fiscal 2015 year, the company’s revenue came in at $928.1 million, for a 55 percent year-over-year gain.

Despite the revenue gains, Palo Alto is still not a profitable company, though the overall picture is improving. For the full year, Palo Alto reported a net loss of $165 million, an improvement over the $226.5 million net loss reported in fiscal 2014.

Looking forward, Palo Alto provided first quarter fiscal 2016 guidance for revenue to range from $280 million to $284 million.

Read the full story at Enterprise Networking Planet:
Palo Alto Networks Aims to Sharpen Security with AutoFocus

Sean Michael Kerner is a senior editor at Follow him on Twitter @TechJournalist.

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