Palo Alto Networks (PANW) PT Raised to $600 at Stifel

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Go back to Palo Alto Networks (PANW) PT Raised to $600 at Stifel

Palo Alto Networks Reports Fiscal First Quarter 2022 Financial Results

November 18, 2021 4:05 PM EST

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 October 31, 2021.

Total revenue for the fiscal first quarter 2022 grew 32% year over year to $1.2 billion, compared with total revenue of $946.0 million for the fiscal first quarter 2021. GAAP net loss for the fiscal first quarter 2022 was $103.6 million, or $1.06 per diluted share, compared with GAAP net loss of $92.2 million, or $0.97 per diluted share, for the fiscal first quarter 2021.

Non-GAAP net income for the fiscal first quarter 2022 was $170.3... More