Palo Alto (PANW) Q3 Earnings and Revenues Beat Estimates
PANWPalo Alto(PANW) zacks.com·2024-05-21 22:36

Palo Alto Networks, Inc. (PANW) reported better-than-expected results for the third quarter of fiscal 2024. The company reported non-GAAP earnings of 1.32pershareforthethirdquarter,whichbeattheZacksConsensusEstimateof1.32 per share for the third quarter, which beat the Zacks Consensus Estimate of 1.25. The bottom line improved 20% from the year-ago quarter’s non-GAAP earnings of 1.10pershareandcameabovethecompanysearlierguidancerangeof1.10 per share and came above the company’s earlier guidance range of 1.24-1.26.PaloAltosthirdquarterrevenuesof1.26. Palo Alto’s third-quarter revenues of 1.98 billion beat the Zacks Consensus Estimate of $1.97 billion and rose ...