For the quarter ended October 2024, Palo Alto Networks (PANW) reported revenue of $2.14 billion, up 13.9% over the same period last year. EPS came in at $1.56, compared to $1.38 in the year-ago quarter.The reported revenue represents a surprise of +0.95% over the Zacks Consensus Estimate of $2.12 billion. With the consensus EPS estimate being $1.48, the EPS surprise was +5.41%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determi ...

Table of Contents _____________________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________ FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended October 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-35594 PALO ALTO NETWORKS, INC. (Exact name of registrant as spec ...

Palo Alto Networks (PANW) came out with quarterly earnings of $1.56 per share, beating the Zacks Consensus Estimate of $1.48 per share. This compares to earnings of $1.38 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.41%. A quarter ago, it was expected that this security software maker would post earnings of $1.41 per share when it actually produced earnings of $1.51, delivering a surprise of 7.09%.Over the last four quart ...

% paloalto Q1 Fiscal Year 2025 Earnings Call November 20, 2024 | © 2024 Palo Alto Networks, Inc. All rights reserved. © 2024 Palo Alto Networks, Inc. All rights reserved. Safe Harbor 2 This presentation contains "forward-looking" statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act, including the cybersecurity threat landscape, expectations regarding our platformization strategy and related progress and opportunities, long-term expectations regarding annual ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

Revenue Growth - Fiscal first quarter revenue grew 14% year over year to $2.1 billion[2][3] - For fiscal second quarter 2025, total revenue is expected to be in the range of $2.22 billion to $2.25 billion, representing year-over-year growth of 12% to 14%[8] - For fiscal year 2025, total revenue is expected to be in the range of $9.12 billion to $9.17 billion, representing year-over-year growth of 14%[10] - Total revenue for Q3 2024 increased to $2,138.8 million, up 13.9% from $1,878.1 million in Q3 2023[31] - Subscription and support revenue grew to $1,785.0 million, a 16.1% increase from $1,537.0 million in the same period last year[31] Next-Generation Security ARR - Next-Generation Security ARR grew 40% year over year to $4.5 billion[2] - For fiscal second quarter 2025, Next-Generation Security ARR is expected to be $4.70 billion to $4.75 billion, representing year-over-year growth of 35% to 36%[8] - For fiscal year 2025, Next-Generation Security ARR is expected to be $5.52 billion to $5.57 billion, representing year-over-year growth of 31% to 32%[10] Net Income and Earnings - GAAP net income for the fiscal first quarter 2025 was $350.7 million, or $0.99 per diluted share[3] - Non-GAAP net income for the fiscal first quarter 2025 was $544.9 million, or $1.56 per diluted share[4] - Net income for Q3 2024 rose to $350.7 million, compared to $194.2 million in Q3 2023, an 80.6% increase[31] - Non-GAAP net income per share, diluted, was $1.56, compared to $1.38 in the same period last year[34] Operating Performance - Non-GAAP operating margin for fiscal year 2025 is expected to be in the range of 27.5% to 28.0%[10] - Non-GAAP operating income reached $616.2 million, up 16.4% from $529.3 million in Q3 2023[34] Financial Position - Remaining performance obligation grew 20% year over year to $12.6 billion[2] - Cash and cash equivalents increased to $2,282.8 million, up from $1,535.2 million in the previous quarter[37] - Goodwill increased to $4,050.8 million, reflecting significant acquisition activity[37] - Total deferred revenue stood at $11,093.6 million, with $5,507.7 million in current liabilities and $5,585.9 million in long-term liabilities[37] - Total assets grew to $20,374.6 million, up from $19,990.9 million in the previous quarter[37] Research and Development - Research and development expenses increased to $480.4 million, up 17.3% from $409.5 million in Q3 2023[31]

Fiscal first quarter revenue grew 14% year over year to $2.1 billion. Next-Generation Security ARR grew 40% year over year to $4.5 billion. Remaining performance obligation grew 20% year over year to $12.6 billion.SANTA CLARA, Calif., Nov. 20, 2024 /PRNewswire/ -- Palo Alto Networks (NASDAQ: PANW), the global cybersecurity leader, announced today financial results for its fiscal first quarter 2025, ended October 31, 2024.Total revenue for the fiscal first quarter 2025 grew 14% year over year to $2.1 billio ...

Palo Alto Networks Inc PANW will report its first-quarter earnings on Wednesday. Wall Street expects $1.48 in EPS and $2.12 billion in revenues as the company reports after market hours.The stock is up 48.93% over the past year, 34.31% year-to-date.The cybersecurity giant, which has seen a tremendous rally along with the broader sector, may be ripe for another round of volatility as it reports.Let’s look at what the charts indicate for Palo Alto stock and how the stock currently maps against Wall Street est ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Palo Alto Networks, Inc. (PANW) is scheduled to report its first-quarter fiscal 2025 results on Nov. 20.Palo Alto Networks projects its fiscal first-quarter revenues in the range of $2.10-$2.13 billion, which suggests a year-over-year increase of 12-13%. The Zacks Consensus Estimate is pegged at $2.12 billion, which implies growth of 12.8% from the year-ago reported figure.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.For the fiscal first quarter, the company expects non-GAAP earn ...