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SANTA CLARA, Calif., May 20, 2021 /PRNewswire/ -- Palo Alto Networks (NYSE: PANW), the global cybersecurity leader, announced today financial results for its fiscal third quarter 2021, ended April 30, 2021. Revenue of $1.22B (+28.4% Y/Y) beats by $50M. Shares -5.67%. The company is expected to report EPS of $1.57, down 3.09% from the prior-year quarter. Additionally, many of the adjustments to the company's GAAP financial measures reflect the exclusion of items that are recurring and will be reflected in the company's financial results for the foreseeable future, such as share-based compensation, which is an important part of Palo Alto Networks employees' compensation and impacts their performance. You must click the link in the email to activate your subscription. ET. Non-GAAP net income for the first quarter was $170.3 million, or $1.64 per . Analysts raised price targets on Palo Alto Networks Inc's (NASDAQ: PANW) Q1 beat . Our mission is to be the cybersecurity partner of choice, protecting our digital way of life. Additional risks and uncertainties that could affect our financial results are included under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Quarterly Report on Form 10-Q filed with the SEC on November 19, 2020, which is available on our website at  investors.paloaltonetworks.com and on the SEC's website at www.sec.gov. The company considers billings to be a useful metric for management and investors, particularly if sales of subscriptions continue to increase and the company experiences strong renewal rates for subscriptions and support. - Fiscal second quarter billings grows 22% year over year to $1.2 billion. For the fiscal second (current) quarter, Palo Alto expects to see revenue hit a range spanning $1.265B to $1.285B, which would be annual growth of 24% to 26%. Open to the public, investors may access the webcast, supplemental financial information and earnings slides from the "Investors" section of the company's website at investors.paloaltonetworks.com. Earnings Call InformationPalo Alto Networks will host a video webcast for analysts and investors to discuss the company's fiscal second quarter 2021 results as well as the outlook for its fiscal third quarter 2021 today at 4:30 p.m. Eastern time/1:30 p.m. Pacific time. Fiscal year 2021 revenue grew 25% to $4.3 billion. Palo Alto Networks raises guidance as revenue rises 32% yoy.

- Deferred revenue grows 30% year over year to $4.4 billion. Palo Alto Networks FY22 guidance. Revenue was up $301,000,000.00 from the same period . Additional risks and uncertainties that could affect our financial results are included under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Quarterly Report on Form 10-Q filed with the SEC on February 23, 2021, which is available on our website at investors.paloaltonetworks.com and on the SEC's website at www.sec.gov. Palo Alto Networks (PANW) came out with quarterly earnings of $1.64 per share, beating the Zacks Consensus Estimate of $1.57 per share. This compares to earnings of $1.48 per share a year ago. Palo Alto Networks (NASDAQ:PANW) is scheduled to announce FQ1 earnings results on Thursday, November 18th, after market close.The consensus EPS Estimate is $1.57 (+6.1% Y/Y) and. By delivering an integrated platform and empowering a growing ecosystem of partners, we are at the forefront of protecting tens of thousands of organizations across clouds, networks, and mobile devices. For more information, visit www.paloaltonetworks.com. Palo Alto Networks (PANW) came out with quarterly earnings of $1.60 per share, beating the Zacks Consensus Estimate of $1.44 per share. Gartner has just published the 2021 Magic Quadrant for WAN Edge Infrastructure report,* which includes the latest deep marketplace insights on this evolving sector. Add: change in total deferred revenue, net of acquired deferred revenue, Preliminary Condensed Consolidated Balance Sheets, Prepaid expenses and other current assets, Liabilities, temporary equity, and stockholders' equity, Common stock and additional paid-in capital, Total liabilities, temporary equity, and stockholders' equity. SANTA CLARA, Calif., Nov. 18, 2021 /PRNewswire/ -- Palo Alto Networks (NASDAQ: PANW), the global cybersecurity leader, announced today financial results for its fiscal first quarter 2022, ended . In particular, the billings metric reported by the company includes amounts that have not yet been recognized as revenue. - Deferred revenue grows 30% year over year to $4.2 billion. Financial OutlookPalo Alto Networks provides guidance based on current market conditions and expectations. About Palo Alto NetworksPalo Alto Networks, the global cybersecurity leader, is shaping the cloud-centric future with technology that is transforming the way people and organizations operate. Add: change in total deferred revenue, net of acquired deferred revenue, Preliminary Condensed Consolidated Balance Sheets, Prepaid expenses and other current assets, Common stock and additional paid-in capital, Total liabilities and stockholders' equity, Cision Distribution 888-776-0942 The PA-3200 Series secures all traffic, including encrypted traffic, using dedicated processing and memory for networking, security, threat prevention and management. But the impressive growth in the cloud security and next-generation firewall markets has been a big . Palo Alto Networks Reports Fiscal Fourth Quarter 2021 Financial Results. Palo Alto Networks Shares Trade Up 18.5% on Q4 Earnings and Positive FY Revenue Outlook. Anusuya Lahiri, Benzinga. Non-GAAP net income for the fiscal second quarter 2021 was $154.2 million, or $1.55 per diluted share, compared with non-GAAP net income of $120.3 million, or $1.19 per diluted share, for the fiscal second quarter 2020. For the fiscal third quarter 2021, the company expects: For the fiscal year 2021, the company is raising guidance and expects: Guidance for non-GAAP financial measures excludes share-based compensation-related charges, including share-based payroll tax expense, acquisition-related costs, amortization expense of acquired intangible assets, litigation-related charges, including legal settlements, gains (losses) related to facility exit, non-cash charges related to convertible notes, foreign currency gains (losses), and income and other tax effects associated with these items, along with certain non-recurring expenses. SANTA CLARA, Calif., May 20, 2021 /PRNewswire/ -- Palo Alto Networks (NYSE: PANW), the global cybersecurity leader, announced today financial results for its fiscal third quarter 2021, ended April . - Fiscal second quarter revenue grows 25% year over year to $1.0 billion, Palo Alto Networks Reports Fiscal Second Quarter 2021 Financial Results, Non-cash charges related to convertible notes, Weighted-average effect of potentially dilutive securities, http://www.prnewswire.com/news-releases/palo-alto-networks-reports-fiscal-second-quarter-2021-financial-results-301232681.html. Palo Alto Networks shares rose as much as 6% in extended trading on Thursday after the security hardware and software company announced fiscal second-quarter earnings that were healthier than .

For a second consecutive year, Palo Alto Networks has been recognized as a Leader. A replay will be available three hours after the conclusion of the webcast and archived for one year. Investors are cautioned that there are a number of limitations associated with the use of non-GAAP financial measures and key metrics as analytical tools.

Do the numbers hold clues to what lies ahead for the stock?

Coupled with good execution, this has driven great strength across our business, with Q3 billings growth accelerating to 27% year over year.

"The momentum in the business continues to be strong, with second quarter revenue growth of 25% year over year to over 1 billion USD, driven by strong execution across the board," said Nikesh Arora, chairman and CEO of Palo Alto Networks. Shares of NYSE:PANW traded up $6.23 on Thursday, hitting $519.99. Palo Alto Networks Reports Fiscal Fourth Quarter 2021 ... All other trademarks, trade names, or service marks used or mentioned herein belong to their respective owners. This compares to earnings of $1.62 per share a year ago. Palo Alto Networks Tops Estimates as Revenue Surges ...

Consists primarily of non-cash interest expense related to the company's convertible senior notes. A reconciliation between GAAP and non-GAAP information is contained in the tables below.

The company considers billings to be a useful metric for management and investors, particularly if sales of subscriptions continue to increase and the company experiences strong renewal rates for subscriptions and support. Download PDF Format (opens in new window) - Fiscal second quarter revenue grows 25% year over year to $1.0 billion.

Palo Alto Networks debt/equity for the three months ending July 31, 2021 was 2.63. Palo Alto Networks raises FY22 revenue guidance | ZDNet Cybersecurity major Palo Alto Networks, Inc. ( PANW) has reported better-than-expected results for the fiscal first quarter ended October 31, 2021. Open to the public, investors may access the webcast, supplemental financial information and earnings slides from the "Investors" section of the company's website at investors.paloaltonetworks.com. Non-GAAP Financial Measures and Other Key MetricsPalo Alto Networks has provided in this press release financial information that has not been prepared in accordance with generally accepted accounting principles in the United States (GAAP). Non-GAAP net income and net income per share, diluted.

The company considers billings to be a key metric used by management to manage the company's business and believes billings provides investors with an important indicator of the health and visibility of the company's business because it includes subscription and support revenue, which is recognized ratably over the contractual service period, and product revenue, which is recognized at the time of shipment, provided that all other conditions for revenue recognition have been met. Palo Alto Networks (NYSE: PANW): FQ4 Non-GAAP EPS of $1.60 beats by $0.16; GAAP EPS of -$1.23 misses by $0.07. Additionally, many of the adjustments to the company's GAAP financial measures reflect the exclusion of items that are recurring and will be reflected in the company's financial results for the foreseeable future, such as share-based compensation, which is an important part of Palo Alto Networks employees' compensation and impacts their performance. SANTA CLARA, Calif., Feb. 22, 2021 /PRNewswire/ -- Palo Alto Networks (NYSE: PANW), the global cybersecurity leader, announced today financial results for its fiscal second quarter 2021, ended January 31, 2021. Palo Alto Networks and the Palo Alto Networks logo are trademarks of Palo Alto Networks, Inc. in the United States and in jurisdictions throughout the world. The company's stock had a trading volume . When typing in this field, a list of search results will appear and be automatically updated as you type. "Events like the SolarStorm attack highlight the importance of cybersecurity, and Palo Alto Networks is well positioned to protect our customers with best-of-breed solutions. The network technology company reported $1.60 EPS for the quarter, beating the consensus estimate of $1.44 by $0.16. Q2 2022 Outlook: Total . Heading into today, shares . In particular, the billings metric reported by the company includes amounts that have not yet been recognized as revenue. Palo Alto Networks Reports Fiscal Second Quarter 2021 Financial Results. Palo Alto Networks will host a video webcast for analysts and investors to discuss the company's fiscal second quarter 2021 results as well as the outlook for its fiscal third quarter 2021 today . Palo Alto Networks & US Securities and Exchange Commission, Revenue of Palo Alto Networks by region/country from 2019 to 2021 (in million U.S dollars)* Statista, https://www.statista.com .

- Zacks Heading into today .

You can sign up for additional subscriptions at any time. Palo Alto Networks Reports Fiscal Fourth Quarter 2021 ... Palo Alto Networks Reports Fiscal Fourth Quarter 2021 ... The core of its platform is the Company's firewall that delivers natively integrated application, user, and . SANTA CLARA, Calif., Nov. 8, 2021 /PRNewswire/ -- Palo Alto Networks (NASDAQ: PANW), the global cybersecurity leader, today announced that the company has been positioned as a Leader in the Magic Quadrant® for Network Firewalls report by Gartner Inc. - Fiscal first quarter revenue grows 23% year over year to $946.0 million - Fiscal first quarter billings grows 21% year over year to $1.1 billion - Deferred revenue grows 31% year over year to $3.9 billion. Share-based compensation expense is impacted by the company's future hiring and retention needs and, to a lesser extent, the future fair market value of the company's common stock, all of which is difficult to predict and subject to constant change. Consists of a gain related to the early termination of our previous headquarters leases. September 14, 2021 1:17 pm. August 25, 2021 (Investorideas.com Newswire) Palo Alto Networks shares reached a new 52-week high after the . Revenue of $1.25B (+32.1% Y/Y) beats by $50M. - Fiscal fourth quarter revenue grew 28% year over year to $1.2 billion. Palo Alto Networks' revenue rose 28% year over year to $1.2 billion. - Deferred revenue grows 30% year over year to $4.4 billion. The company believes that excluding these items from non-GAAP net income and net income per share, diluted, provides management and investors with greater visibility into the underlying performance of the company's core business operating results, meaning its operating performance excluding these items and, from time to time, other discrete charges that are infrequent in nature, over multiple periods.

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