| 2016-11-21 16:06:40|
PANW 16:06 11/21 11/21/16
Palo Alto Networks says added well over 1,500 new customers in Q1
"In the first quarter fiscal 2017, we added well over 1,500 new customers and saw broad adoption of our Next-Generation Security Platform by our existing customer base. We are now privileged to serve more than 35,500 customers worldwide," commented Steffan Tomlinson, CFO of Palo Alto Networks. "The power of our hybrid-SaaS model was also evident as we continued to grow multiples of our total addressable market at scale, resulting in record quarterly deferred revenue, cash flow from operations of $203.3 million, and free cash flow of $182.4 million."