Palo Alto Networks, Inc. reported a profit for the fourth quarter that decreased from last year but exceeded Street estimates. Earnings totaled $253.8 million, or $0.36 per share, compared to $357.7 million, or $0.51 per share, last year. Excluding items, adjusted earnings were $673.0 million or $0.95 per share, beating analysts’ expectations of $0.89 per share. Revenue rose 15.9% to $2.536 billion from $2.189 billion last year. Next quarter EPS guidance is between $0.88 to $0.90.

Read more at Nasdaq: Palo Alto Networks, Inc. Q4 Profit Decreases, But Beats Estimates