Palo Alto Networks, Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended April 30, 2013. For the quarter, the company's total revenue grew 54% year-over-year to $101.3 million, compared with $65.7 million in the fiscal third quarter of 2012. GAAP net loss for the fiscal third quarter was $7.3 million, or $0.10 per diluted share, compared with net income of $0.8 million, or $0.00 per diluted share, in the fiscal third quarter of 2012. Non-GAAP net income was $4.5 million, or $0.06 per diluted share, compared with non-GAAP net income of $4.7 million, or $0.07 per diluted share, in the fiscal third quarter of 2012. Operating loss was $6.5 million against $0.041 million for the same period a year ago. Loss before income tax was $6.5 million against $0.041 million for the same period a year ago. Cash flow from operations was $15.2 million, free cash flow was $8.8 million and free cash flow margin was 8.7%. Capital expenditures in the quarter totaled $6.4 million. For the nine months, the company reported revenue of $283.7 million, operating loss of $11.7 million, loss before income tax of $11.8 million and net loss of $13.4 million or $0.20 per basic and diluted share against revenue of $179.5 million, operating income of $8.1 million, income before income tax of $7.1 million and net income $5.3 million or $0.00 per basic and diluted share for the same period a year ago. Non-GAAP net income was $11.3 million, or $0.15 per diluted share, compared with non-GAAP net income of $12.7 million, or $0.11 per diluted share for the same period a year ago. Net cash provided by operating activities was $72.8 million against $58.5 million for the same period a year ago. Purchase of property, equipment, and other assets was $16.6 million against $11.3 million for the same period a year ago. On May 23, 2013, Venky V. Ganesan resigned from the Board of Directors of the company effective immediately. On May 23, 2013, the Board appointed Carl Eschenbach to serve as a member of the Board, effective immediately. Mr. Eschenbach will serve in the class of directors whose term expires at the Annual Meeting of Stockholders to be held in 2015. In addition, Mr. Eschenbach was appointed as a member of the audit committee of the Board, effective immediately. Mr. Eschenbach, age 46, was appointed Chief Operating Officer and Co-President of VMware, Inc. in April 2012 and became President and Chief Operating Officer in December 2012. Mr. Eschenbach had previously served as VMware's Co-President, Customer Operations from January 2011 to April 2012 and as VMware's Executive Vice President of Worldwide Field Operations from May 2005 to January 2011. For the fourth quarter of 2013, the company expects revenue to be in the range of $106 million to $110 million, which equates to 40% to 45% year-over-year growth, and expects non-GAAP EPS to be approximately $0.06 per share using 78 million to 80 million shares on a diluted basis. In fiscal 2014, the company will see an increase of approximately $10 million to $12 million in capex related to the relocation of headquarters facility. Most of this increase will be in the first quarter of fiscal 2014.

Palo Alto Networks, Inc. announced that they will report Q3, 2013 results After-Market on May 30, 2013

Palo Alto Networks, Inc., Q3 2013 Earnings Call, May 30, 2013

Palo Alto Networks, Inc. Presents at William Blair & Company 33(rd) Annual Growth Stock Conference, Jun-12-2013 02:00 PM. Venue: Four Seasons Hotel, Chicago, Illinois, United States.

Palo Alto Networks, Inc. announced the availability of GlobalProtect for the Android mobile operating system. The app allows enterprises to extend the same next-generation firewall (NGFW) security policies to users both inside and outside of the network and allows them to use the mobile platform and applications of their choice without compromising network security. GlobalProtect can automatically connect users to the best available GlobalProtect gateway on a Palo Alto Networks next-generation firewall. As a result, organizations can consistently enforce security policies based on application, user, content, and device, regardless of where the user is located. Through the safe enablement of applications, users can access business and productivity tools while enjoying protection from mobile threats to the device and data. GlobalProtect for Android is currently available for download from Google Play(TM). Customers must have a Palo Alto Networks next-generation firewall with the appropriate GlobalProtect gateway subscription in order to support the mobile device app.