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Palo Alto Networks shares slide premarket after Q4 earnings beat

PANW fell 1.57% premarket after Q4 revenue rose 34% to $3.41 billion, above $3.35 billion consensus. Non-GAAP EPS was $1.02 versus $0.98 expected; GAAP net loss was $282 million, or $0.35 a share.

PANW

Palo Alto Networks NASDAQ:PANW fell 1.57% premarket after fourth quarter revenue rose 34% to $3.41 billion, ahead of the $3.35 billion consensus, with non-GAAP EPS of $1.02 against $0.98 expected.

On a GAAP basis the company posted a net loss of $282 million, or $0.35 a share, compared with net inc…