Palo Alto Networks (PANW) Shares Up 5% on Q2 Beat and Raise

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Palo Alto Networks Reports Fiscal Second Quarter 2022 Financial Results. Live earnings call at 2pm Pacific Time Today

February 22, 2022 4:05 PM EST

SANTA CLARA, Calif., Feb. 22, 2022 /PRNewswire/ -- Palo Alto Networks (NASDAQ: PANW), the global cybersecurity leader, announced today financial results for its fiscal second quarter 2022, ended January 31, 2022.

Total revenue for the fiscal second quarter 2022 grew 30% year over year to $1.3 billion, compared with total revenue of $1.0 billion for the fiscal second quarter 2021. GAAP net loss for the fiscal second quarter 2022 was $93.5 million, or $0.95 per diluted share, compared with GAAP net loss of $142.3 million, or $1.48 per diluted share, for the fiscal second quarter 2021.

Non-GAAP net income for the fiscal second quarter 2022 was $185.0... More