secwatch.observer — SEC 8-K summary
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Issuer:     Palo Alto Networks Inc (PANW)
CIK:        0001327567
Form:       8-K
Filed at:   2022-02-22T23:59:59+00:00
Accession:  0001327567-22-000006
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Palo Alto Networks Q2 FY2022 revenue up 30% to $1.3B; non-GAAP EPS $1.74; raises FY guidance
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- Revenue $1.3B (+30% YoY); billings $1.6B (+32% YoY); RPO $6.3B (+36% YoY).
- GAAP net loss $93.5M ($0.95 loss per share) vs $142.3M loss a year ago; non-GAAP net income $185.0M ($1.74 EPS) vs $154.2M ($1.55).
- Raised FY2022 guidance: revenue $5.425B-$5.475B; billings $6.80B-$6.85B; non-GAAP EPS $7.23-$7.30.
- Q3 FY2022 guidance: billings $1.59B-$1.61B; revenue $1.345B-$1.365B; non-GAAP EPS $1.65-$1.68.
- CEO cites strong demand across next-gen security platforms; CFO highlights cash flow and capital returns.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1327567/000132756722000006/0001327567-22-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1327567/000132756722000006/panw-20220222.htm
  HTML page:      https://secwatch.observer/filing/0001327567-22-000006

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer