Palo Alto (PANW) Q4 Earnings and Revenues Surpass Estimates
PANWPalo Alto(PANW) ZACKS·2024-08-20 21:51

Palo Alto Networks, Inc. (PANW) reported better-than-expected results for the fourth quarter of fiscal 2024. The company reported non-GAAP earnings of 1.51pershareforthefiscalfourthquarter,whichbeattheZacksConsensusEstimateof1.51 per share for the fiscal fourth quarter, which beat the Zacks Consensus Estimate of 1.41. The bottom line improved 4.9% from the year-ago quarter’s non-GAAP earnings of 1.44pershareandcameabovethecompanysearlierguidanceof1.44 per share and came above the company’s earlier guidance of 1.40-1.42.PaloAltosfiscalfourthquarterrevenuesof1.42.Palo Alto’s fiscal fourth-quarter revenues of 2.19 billion beat the Zacks Consensus Estimate of $2.16 billi ...