=Palo Alto Networks (PANW) reported earnings Thur 26 May 2016 (a/h)

Palo Alto Networks reports EPS in-line, beats on revs; guides Q4 EPS in-line, revs in-line:

• Reports Q3 (Apr) earnings of $0.42 per share, excluding non-recurring items, in-line with the Capital IQ Consensus of $0.42; revenues rose 47.7% year/year to $345.8 mln vs the $339.86 mln Capital IQ Consensus.
  • Co issues in-line guidance for Q4, sees EPS of $0.48-0.50, excluding non-recurring items, vs. $0.50 Capital IQ Consensus Estimate; sees Q4 revs of $386-390 mln vs. $389.16 mln Capital IQ Consensus Estimate.
• Fiscal third quarter billings grow 61% year over year to $486.2 million
• Fiscal third quarter cash flow from operations grows 95% year over year to $170.1 million, and free cash flow grows 95% year over year to $150.8 million