Palo Alto Networks (PANW) Tops Q3 EPS by 11c, Q4 Guidance Tops Consensus

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Palo Alto Networks Reports Fiscal Third Quarter 2022 Financial Results

May 19, 2022 4:05 PM EDT

Fiscal third quarter revenue grew 29% year over year to $1.4 billionFiscal third quarter billings grew 40% year over year to $1.8 billionRemaining performance obligation grew 40% year over year to $6.9 billion

SANTA CLARA, Calif., May 19, 2022 /PRNewswire/ -- Palo Alto Networks (NASDAQ: PANW), the global cybersecurity leader, announced today financial results for its fiscal third quarter 2022, ended April 30, 2022.

Total revenue for the fiscal third quarter 2022 grew 29% year over year to $1.4 billion, compared with total revenue... More