Nikesh Arora

Palo Alto Networks Reports Fiscal Third Quarter 2021 Financial Results

Retrieved on: 
Thursday, May 20, 2021
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b'SANTA CLARA, Calif., May 20, 2021 /PRNewswire/ -- Palo Alto Networks (NYSE: PANW), the global cybersecurity leader, announced today financial results for its fiscal third quarter 2021, ended April30, 2021.\nTotal revenue for the fiscal third quarter 2021 grew 24% year over year to $1.1billion, compared with total revenue of $869.4million for the fiscal third quarter 2020.

Key Points: 
  • b'SANTA CLARA, Calif., May 20, 2021 /PRNewswire/ -- Palo Alto Networks (NYSE: PANW), the global cybersecurity leader, announced today financial results for its fiscal third quarter 2021, ended April30, 2021.\nTotal revenue for the fiscal third quarter 2021 grew 24% year over year to $1.1billion, compared with total revenue of $869.4million for the fiscal third quarter 2020.
  • GAAP net loss for the fiscal third quarter 2021 was $145.1million, or $1.50per diluted share, compared with GAAP net loss of $74.8million, or $0.77per diluted share, for the fiscal third quarter 2020.\nNon-GAAP net income for the fiscal third quarter 2021 was $139.5million, or $1.38per diluted share, compared with non-GAAP net income of $114.6million, or $1.17per diluted share, for the fiscal third quarter 2020.
  • In particular, we saw a number of customers make large commitments to Palo Alto Networks across our three major platforms," said Nikesh Arora, chairman and CEO of Palo Alto Networks.
  • For more information, visit www.paloaltonetworks.com .\nPalo Alto Networks and the Palo Alto Networks logo are trademarks of Palo Alto Networks,Inc.

Palo Alto Networks Appoints Aparna Bawa to Its Board of Directors

Retrieved on: 
Friday, May 14, 2021
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b'SANTA CLARA, Calif., May 14, 2021 /PRNewswire/ --Palo Alto Networks (NYSE: PANW), the global cybersecurity leader, today announced the appointment of Aparna Bawa to the company\'s board of directors.\n"Aparna is a proven leader who has helped technology companies rapidly scale, and I\'m pleased to welcome her to our board," said Nikesh Arora, chairman and CEO of Palo Alto Networks.

Key Points: 
  • b'SANTA CLARA, Calif., May 14, 2021 /PRNewswire/ --Palo Alto Networks (NYSE: PANW), the global cybersecurity leader, today announced the appointment of Aparna Bawa to the company\'s board of directors.\n"Aparna is a proven leader who has helped technology companies rapidly scale, and I\'m pleased to welcome her to our board," said Nikesh Arora, chairman and CEO of Palo Alto Networks.
  • Bawa brings deep operational, financial and legal expertise, having served in diverse roles at growing technology companies.
  • from Harvard Law School.\nPalo Alto Networks, the global cybersecurity leader, is shaping the cloud-centric future with technology that is transforming the way people and organizations operate.
  • For more information, visit www.paloaltonetworks.com .\nPalo Alto Networks and the Palo Alto Networks logo are trademarks of Palo Alto Networks, Inc. in the United States and in jurisdictions throughout the world.

Palo Alto Networks Completes Acquisition of Bridgecrew

Retrieved on: 
Tuesday, March 2, 2021
Palo Alto Networks, California, Businesspeople, Nikesh Arora, Palo Alto, California, Palo Alto County, Iowa

"We are excited to welcome Bridgecrew to the Palo Alto Networks family," said Nikesh Arora, chairman and CEO of Palo Alto Networks.

Key Points: 
  • "We are excited to welcome Bridgecrew to the Palo Alto Networks family," said Nikesh Arora, chairman and CEO of Palo Alto Networks.
  • Bridgecrew co-founders, Idan Tendler, Barak Schoster and Guy Eisenkot, and their teams have joined Palo Alto Networks.
  • Palo Alto Networks paid approximately $156 million in cash, excluding the value of replacement equity awards to acquire Bridgecrew.
  • Palo Alto Networks, Prisma, and the Palo Alto Networks logo are registered trademarks of Palo Alto Networks, Inc. in the United States and in jurisdictions throughout the world.

Palo Alto Networks Appoints Dr. Helene D. Gayle to Its Board of Directors

Retrieved on: 
Friday, February 19, 2021
Businesspeople, Personal hygiene products, Leaders, Colgate-Palmolive, Piscataway, New Jersey, Nikesh Arora, Palo Alto Networks, Silicon Valley, Palmolive, Helene D. Gayle, Palo Alto, California, Colgate

SANTA CLARA, Calif., Feb. 19, 2021 /PRNewswire/ -- Palo Alto Networks (NYSE: PANW), the global cybersecurity leader, today announced the appointment of Dr. Helene D. Gayle to the company's board of directors and the nominating and corporate governance committee of the board.

Key Points: 
  • SANTA CLARA, Calif., Feb. 19, 2021 /PRNewswire/ -- Palo Alto Networks (NYSE: PANW), the global cybersecurity leader, today announced the appointment of Dr. Helene D. Gayle to the company's board of directors and the nominating and corporate governance committee of the board.
  • "We are fortunate to have Dr. Gayle join the Palo Alto Networks' board," said Nikesh Arora, chairman and CEO of Palo Alto Networks.
  • "I had the opportunity to serve on the Colgate-Palmolive board alongside Dr. Gayle and saw the impact of her integrity and thoughtful perspective.
  • She currently serves as a member of the board of directors of GoHealth, The Coca-Cola Company and Colgate-Palmolive Company.

Palo Alto Networks Completes Acquisition of Expanse

Retrieved on: 
Tuesday, December 15, 2020
California, Palo Alto Networks, Businesspeople, Nikesh Arora, Palo Alto, California, Ning, Palo Alto station

"We are excited to officially welcome Expanse to Palo Alto Networks," said Nikesh Arora, chairman and CEO of Palo Alto Networks.

Key Points: 
  • "We are excited to officially welcome Expanse to Palo Alto Networks," said Nikesh Arora, chairman and CEO of Palo Alto Networks.
  • Expanse co-founders, Dr. Tim Junio and Dr. Matt Kraning, are joining Palo Alto Networks.
  • Palo Alto Networks paid approximately $670 million in cash and stock, and approximately $130 million in replacement equity awards to acquire Expanse.
  • Palo Alto Networks, Cortex, and the Palo Alto Networks logo are trademarks of Palo Alto Networks, Inc. in the United States and in jurisdictions throughout the world.

Vise, The AI-powered Investment Management Platform, Secures $45 Million Series B Funding Led By Sequoia

Retrieved on: 
Tuesday, December 15, 2020
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Sequoia Capital led the Series B with participation from Allen & Company, Founders Fund, and Greenoaks Capital and from Michael Ovitz and Nikesh Arora, CEO of Palo Alto Networks, who will be joining as advisors.

Key Points: 
  • Sequoia Capital led the Series B with participation from Allen & Company, Founders Fund, and Greenoaks Capital and from Michael Ovitz and Nikesh Arora, CEO of Palo Alto Networks, who will be joining as advisors.
  • Sequoia's Ravi Gupta is joining Vise's board, making him the second board member from Sequoia alongside Shaun Maguire.
  • "Vise is revolutionizing the wealth management industry by enabling financial advisors with sophisticated technology," said Ravi Gupta, partner at Sequoia.
  • This includes fully automating the investment management process, creating highly customized portfolios, and providing insights on each investment decision.

Palo Alto Networks Completes Acquisition of The Crypsis Group

Retrieved on: 
Thursday, September 17, 2020
Palo Alto Networks, Businesspeople, California, Palo Alto, California, Nikesh Arora, Palo Alto County, Iowa

"We are excited to welcome The Crypsis Group to Palo Alto Networks," said Nikesh Arora, chairman and CEO of Palo Alto Networks.

Key Points: 
  • "We are excited to welcome The Crypsis Group to Palo Alto Networks," said Nikesh Arora, chairman and CEO of Palo Alto Networks.
  • The Crypsis Group CEO Bret Padres and his team will join the Cortex team at Palo Alto Networks.
  • Palo Alto Networks paid approximately $265 million in cash, excluding purchase price adjustments, to acquire The Crypsis Group.
  • Palo Alto Networks, Cortex, Cortex XDR, and the Palo Alto Networks logo are trademarks of Palo Alto Networks, Inc. in the United States and in jurisdictions throughout the world.

Palo Alto Networks Appoints Luis Felipe Visoso as New Chief Financial Officer

Retrieved on: 
Tuesday, June 23, 2020
California, Palo Alto Networks, National Register of Historic Places in Santa Clara County, California, Nikesh Arora, Palo Alto, California, States of the United States, Palo Alto station

SANTA CLARA, Calif., June 23, 2020 /PRNewswire/ --Palo Alto Networks (NYSE: PANW), the global cybersecurity leader, today announced the appointment of Luis Felipe Visoso to the position of chief financial officer (CFO).

Key Points: 
  • SANTA CLARA, Calif., June 23, 2020 /PRNewswire/ --Palo Alto Networks (NYSE: PANW), the global cybersecurity leader, today announced the appointment of Luis Felipe Visoso to the position of chief financial officer (CFO).
  • "Luis has a phenomenal track record growing businesses in a financially disciplined manner," said Nikesh Arora, chairman and CEO, Palo Alto Networks.
  • "Palo Alto Networks has a vision of a world where each day is safer and more secure - something I'm excited to be a part of," said Visoso, incoming chief financial officer, Palo Alto Networks.
  • Palo Alto Networks and the Palo Alto Networks logo are trademarks of Palo Alto Networks, Inc. in the United States and in jurisdictions throughout the world.

Palo Alto Networks CFO Kathy Bonanno Announces Departure

Retrieved on: 
Monday, June 22, 2020
California, Palo Alto Networks, Silicon Valley, San Francisco Bay Area, Nikesh Arora, Palo Alto, California, Palo Alto station

SANTA CLARA, Calif., June 22, 2020 /PRNewswire/ -- Palo Alto Networks (NYSE: PANW), the global cybersecurity leader, today announced the departure of chief financial officer (CFO) Kathy Bonanno, who is leaving the company after more than six years to become business finance officer of Google's Cloud division.

Key Points: 
  • SANTA CLARA, Calif., June 22, 2020 /PRNewswire/ -- Palo Alto Networks (NYSE: PANW), the global cybersecurity leader, today announced the departure of chief financial officer (CFO) Kathy Bonanno, who is leaving the company after more than six years to become business finance officer of Google's Cloud division.
  • Bonanno joined Palo Alto Networks in 2014, becoming executive vice president and CFO in 2017.
  • "Kathy has presided over our financial team during Palo Alto Networks' tremendous expansion into a multi-platform security company," said Nikesh Arora, chairman and CEO, Palo Alto Networks.
  • Palo Alto Networks and the Palo Alto Networks logo are trademarks of Palo Alto Networks, Inc. in the United States and in jurisdictions throughout the world.

Palo Alto Networks Completes Acquisition of CloudGenix

Retrieved on: 
Tuesday, April 21, 2020
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The acquisition will further strengthen Palo Alto Networks comprehensive secure access service edge (SASE) platform.

Key Points: 
  • The acquisition will further strengthen Palo Alto Networks comprehensive secure access service edge (SASE) platform.
  • "We are excited to welcome CloudGenix to Palo Alto Networks," said Nikesh Arora, chairman and CEO, Palo Alto Networks.
  • CloudGenix co-founders Kumar Ramachandran, Mani Ramasamy and Venkataraman Anand have agreed to join Palo Alto Networks.
  • Palo Alto Networks, Prisma, and the Palo Alto Networks logo are trademarks of Palo Alto Networks, Inc. in the United States and in jurisdictions throughout the world.