Palo Alto Networks, Inc. (NASDAQ:PANW) Q3 2024 Earnings Conference Call May 20, 2024 4:30 PM ET Company Participants Walter Pritchard - Senior Vice President, Investor Relations & Corporate Development Nikesh Arora - Chairman & Chief Executive Officer Dipak Golechha - Chief Financial Officer Lee Klarich - Chief Product Officer Conference Call Participants Brian Essex - JPMorgan Brad Zelnick - Deutsche Bank Hamza Fodderwala - Morgan Stanley Matt Hedberg - RBC Tal Liani - Bank of America Saket Kalia - Barclay ...

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 April 30, 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 specif ...

Key TakeawaysPalo Alto Networks reported fiscal third-quarter results that came in better than analysts had anticipated.The cybersecurity company issued guidance that was roughly in line with expectations.Palo Alto shares fell more than 8% in extended trading following the release of the quarterly earnings report. Palo Alto Networks (PANW) reported quarterly earnings that beat analysts' expectations and provided revenue guidance that matched estimates. The company's shares fell more than 8% in extended trad ...

Palo Alto Networks (PANW) reported $1.98 billion in revenue for the quarter ended April 2024, representing a year-over-year increase of 15.3%. EPS of $1.32 for the same period compares to $1.10 a year ago.The reported revenue represents a surprise of +0.91% over the Zacks Consensus Estimate of $1.97 billion. With the consensus EPS estimate being $1.25, the EPS surprise was +5.60%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to dete ...

Palo Alto Networks (PANW) came out with quarterly earnings of $1.32 per share, beating the Zacks Consensus Estimate of $1.25 per share. This compares to earnings of $1.10 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.60%. A quarter ago, it was expected that this security software maker would post earnings of $1.30 per share when it actually produced earnings of $1.46, delivering a surprise of 12.31%.Over the last four quar ...

Q3 Fiscal Year 2024 Earnings Call May 20, 2024 |© © 2 022042 4P aPloal oA lAtolt oN eNtewtowrokrsk,s I,n Icn.c A. lAl rlli grihgthst sre rseesrevrevde.d . Safe Harbor 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 recurring revenue, ...

Exhibit 99.1 Palo Alto Networks Reports Fiscal Third Quarter 2024 Financial Results • Fiscal third quarter revenue grew 15% year over year to $2.0 billion • Remaining performance obligation grew 23% year over year to $11.3 billion • Non-GAAP operating margin grew 200 bps year over year to 26% SANTA CLARA, Calif., May 20, 2024 — Palo Alto Networks (NASDAQ: PANW), the global cybersecurity leader, announced today financial results for its fiscal third quarter 2024, ended April 30, 2024. Total revenue for the f ...

Fiscal third quarter revenue grew 15% year over year to $2.0 billionRemaining performance obligation grew 23% year over year to $11.3 billionNon-GAAP operating margin grew 200 bps year over year to 26%SANTA CLARA, Calif., May 20, 2024 /PRNewswire/ -- Palo Alto Networks (NASDAQ: PANW), the global cybersecurity leader, announced today financial results for its fiscal third quarter 2024, ended April 30, 2024.Total revenue for the fiscal third quarter 2024 grew 15% year over year to $2.0 billion, compared with ...

This cybersecurity leader delivers solid financial results in a high-growth industry.Palo Alto Networks (PANW 0.86%) is one of the more popular cybersecurity stocks out there at the moment. The stock is trading up nearly 70% over the past year, so investors might be wondering if all its future growth is already priced in and it's too late to get on board.To ease those concerns, know that there are still plenty of reasons to love this stock. These five, in particular, provide ample proof that you might want ...

Kameleon007 Palo Alto Networks, Inc. (NASDAQ:PANW) is a cybersecurity company that has an intriguing setup. In this article, I will be using technical analysis to explain why I think PANW offers a bullish opportunity at current prices. I will outline my view on price action, momentum, volume, and relative strength. I will offer two potential price targets along with a stop loss. This article will not focus on the upcoming earnings announcement which will take place on 05/20/2024 since that is not my strengt ...