Palo Alto Networks

CEO: Mark McLaughlin

Dec. 30, 2016: $125.05

June 30, 2017: $133.81

Change: +7.01%

For the fiscal 2017 second quarter ended Jan. 31, Palo Alto Networks reported sales of $422.6 million. While that was up 26 percent year over year, it was more than $7 million short of financial analysts' expectations. The company also reported a $60.6 million loss for the quarter. Following those results the company announced in February a plan to retool its sales strategy to address "go-to-market execution issues."

During Palo Alto Networks' third-quarter earnings call CEO Mark McLaughlin said the sales force reorganization was "on track" and beginning to deliver results. For its fiscal 2017 third quarter (ended April 30), the company reported sales of $431.8 million, up 25 percent from $345.8 million one year earlier. It reported a $60.9 million loss for the quarter compared with a $64.1 million loss one year before.

In February Palo Alto Networks completed its $105 million acquisition of LightCyber, a developer of automated behavioral analytics technology used for cybersecurity applications.