Palo Alto Networks (PANW) Tops Q4 EPS by 11c; Issues Solid Guidance

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Go back to Palo Alto Networks (PANW) Tops Q4 EPS by 11c; Issues Solid Guidance

Palo Alto Networks Reports Fiscal Fourth Quarter and Fiscal Year 2022 Financial Results

August 22, 2022 4:05 PM EDT

Fiscal fourth quarter revenue grew 27% year over year to $1.6 billion. Fiscal year 2022 revenue grew 29% year over year to $5.5 billion.Fiscal fourth quarter billings grew 44% year over year to $2.7 billion. Fiscal year 2022 billings grew 37% year over year to $7.5 billion.Remaining performance obligation grew 40% year over year to $8.2 billion.Board of directors approved a three-for-one stock split.

SANTA CLARA, Calif., Aug. 22, 2022 /PRNewswire/ -- Palo Alto Networks (NASDAQ: PANW), the global cybersecurity... More