Palo Alto's 1st quarter sales grew +249% more than Cisco'sPalo Alto's quarterly sales continue to grow sequentially each and every quarter...
Tallahassee, Florida: Thu, 11/26/15 - 10:10am View comments
More than 4-years ago I blogged:
Palo Alto Networks is the culprit behind Cisco's -8.4% FY11 security sales decline
And since that blog story was published back on August 12, 2011, billions in wealth appears to have been transferred from Cisco's shareholders to Palo Alto's shareholders as shown in the below stock price comparision chart:
Source: Yahoo! Finance
1st Quarter Sales
Cisco vs. Palo Alto Networks - view without frames
Source: U.S. Securities and Exchange Commission
As revealed above, year-over-year Cisco grew 1st quarter sales by a mere +$30 million.
Palo Alto grew 1st quarter sales by +$104.854 million, that's +$74.854 million more than Cisco.
In fact, that's a +249% better increase in growth than Cisco.
Quarterly Sales
Cisco vs. Palo Alto Networks - view without frames
Source: U.S. Securities and Exchange Commission
Palo Alto's quarterly sales continue to grow sequentially each and every quarter (the lone exception being Q2'FY12).
Annual Sales
Cisco vs. Palo Alto Networks - view without frames
Source: U.S. Securities and Exchange Commission
And as shown above, year-over-year Cisco grew annual sales by +$181 million.
Meanwhile, Palo Alto grew annual sales by +$329.873 million, that's +$148.873 million (+82.25% more than Cisco).
