
Monday morning, Palo Alto Networks Inc. (NYSE: PANW) reported record-breaking Q2 2014 earnings, sending shares flying more than 6.41% as of 10:50 a.m. EST.
Total revenue for the company's second quarter grew 46% year over year to a record $141.1 million, beating Wall Street estimates of $135.6 million. Revenue is up $44.6 million compared to the same quarter in 2013, and deferred revenue grew 72% year over year to reach a record $324.6 million.