Palo Alto Networks Inc (NAS:PANW)
$ 366.29 5.17 (1.43%) Market Cap: 119.87 Bil Enterprise Value: 116.97 Bil PE Ratio: 50.52 PB Ratio: 23.04 GF Score: 80/100

Palo Alto Networks Inc to Acquire CloudGenix Inc - M&A Call Transcript

Mar 31, 2020 / 09:00PM GMT
Release Date Price: $54.65 (-1.51%)
Operator

Good day, and welcome to the Palo Alto Networks announces intent to acquire CloudGenix conference call. Today's conference is being recorded.

At this time, I would like to turn the conference over to Mr. David Niederman, Vice President of Investor Relations. Please go ahead.

David Niederman
Palo Alto Networks, Inc. - VP of IR

Good afternoon. As you've seen this morning, we announced the proposed acquisition of CloudGenix. Joining us today to discuss the transaction are Nikesh Arora, Chairman and CEO, Palo Alto Networks; and Lee Klarich, Chief Product Officer. Please note that we will not be commenting on our fiscal third quarter or fiscal 2020 guidance during today's call.

We'd like to remind you that during the course of this conference call, management will make forward-looking statements including statements regarding our competitive position and the demand and market opportunity for our products and subscriptions, including our beliefs about the anticipated benefits of the proposed acquisition of CloudGenix, the anticipated timing of

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