Palo Alto Networks (PANW) Gains After Beating Q3 Views, Analyst Sees 'Bargain Valuation'
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Palo Alto Networks Reports Fiscal Third Quarter 2021 Financial Results
May 20, 2021 4:05 PM EDTSANTA 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.
Total revenue for the fiscal third quarter 2021 grew 24% year over year to $1.1Â billion, compared with total revenue of $869.4Â million for the fiscal third quarter 2020. GAAP net loss for the fiscal third quarter 2021 was $145.1Â million, or $1.50Â per diluted share, compared with GAAP net loss of $74.8Â million, or $0.77Â per diluted share, for the fiscal third quarter 2020.
Non-GAAP net income for the fiscal third quarter 2021 was $139.5Â million, or... More
