Palo Alto Networks (PANW) shares gain on earnings, revenue beat

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Go back to Palo Alto Networks (PANW) shares gain on earnings, revenue beat

Palo Alto Networks Signs Definitive Agreement to Acquire Cider Security

November 17, 2022 4:06 PM EST

With Cider Security's software supply chain security capabilities, Prisma Cloud becomes must-have cloud security platform

SANTA CLARA, Calif., Nov. 17, 2022 /PRNewswire/ -- Palo Alto Networks® (NASDAQ: PANW), the global cybersecurity leader, announced that it has signed a definitive agreement to acquire Cider Security (Cider), a pioneer in application security (AppSec) and software supply chain security. The proposed acquisition supports Palo Alto Networks Prisma® Cloud's... More

Palo Alto Networks Reports Fiscal First Quarter 2023 Financial Results

November 17, 2022 4:05 PM EST

Fiscal first quarter revenue grew 25% year over year to $1.6 billionFiscal first quarter billings grew 27% year over year to $1.7 billionRemaining performance obligation grew 38% year over year to $8.3 billion

SANTA CLARA, Calif., Nov. 17, 2022 /PRNewswire/ -- Palo Alto Networks (NASDAQ: PANW), the global cybersecurity leader, announced today financial results for its fiscal first quarter 2023, ended October 31, 2022.

Total revenue for the fiscal first quarter 2023 grew 25% year over year to $1.6 billion, compared with total revenue of... More