palo alto networks inc (PANW) Key Developments
Palo Alto Networks and Westcon Group Expand Global Distribution Agreement
Aug 20 14
Palo Alto Networks and Westcon Group announced that the companies have expanded their global distribution agreement. The deal opens up new markets throughout the world for the industry's fastest-growing enterprise security platform, empowering resellers using highly integrated global distribution capabilities. Palo Alto Networks and Westcon Group have held regional distribution relationships for several years. As teams and processes align at a global level, the companies will soon do business in more than 40 countries. Over the next few years, Palo Alto Networks and Westcon Group will invest in every theater to take advantage of shared momentum, providing resellers access to a full technology ecosystem and more efficient global business operations.
Palo Alto Mulls Acquisitions
Jun 23 14
Palo Alto Networks, Inc. (NYSE:PANW) is seeking acquisition opportunities. Palo Alto announced its intention to offer $500 million aggregate principal amount of convertible senior notes due in 2019 in a private placement to qualified institutional buyers. Palo Alto expects to use a portion of the net proceeds of the offering to pay the cost of the convertible note and to use the remaining proceeds for general corporate purposes, which may include working capital, capital expenditures, potential acquisitions and strategic transactions.
Palo Alto Networks, Inc. Presents at Bank of America Merrill Lynch 2014 Global Technology Conference, Jun-04-2014 02:05 PM
May 29 14
Palo Alto Networks, Inc. Presents at Bank of America Merrill Lynch 2014 Global Technology Conference, Jun-04-2014 02:05 PM. Venue: The Ritz-Carlton Hotel, 600 Stockton Street, San Francisco, California, United States. Speakers: Steffan C. Tomlinson, Chief Financial Officer and Principal Accounting Officer.
Palo Alto Networks, Inc. Presents at William Blair & Company's 34th Annual Growth Stock Conference, Jun-11-2014 01:20 PM
May 29 14
Palo Alto Networks, Inc. Presents at William Blair & Company's 34th Annual Growth Stock Conference, Jun-11-2014 01:20 PM. Venue: Four Seasons Hotel, 120 East Delaware Place, Chicago, Illinois, United States.
Palo Alto Networks Provides Earnings Guidance for the Fourth Quarter and Full Year 2014
May 28 14
Palo Alto Networks provides earnings guidance for the fourth quarter and full year 2014. For the quarter, the company expects non-GAAP earnings per share of $0.10 - $0.11 on revenue of $158 million - $162 million.
For the year, the company expects capital expenditures in the range of $42 million - $47 million.