secwatch.observer — SEC 8-K summary
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Issuer:     Palo Alto Networks Inc (PANW)
CIK:        0001327567
Form:       8-K
Filed at:   2022-05-19T23:59:59+00:00
Accession:  0001327567-22-000014
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Palo Alto Networks Q3 revenue up 29% to $1.4B; non-GAAP EPS $1.79; raises FY22 guidance
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- Revenue $1.4B (+29% YoY); billings $1.8B (+40% YoY); RPO $6.9B (+40% YoY).
- GAAP net loss $73.2M (-$0.74/diluted); non-GAAP net income $193.1M ($1.79/diluted) vs $1.38 a year ago.
- Q4 guidance: revenue $1.53-1.55B; non-GAAP EPS $2.26-2.29.
- FY22 guidance raised: revenue $5.48-5.50B (~29% YoY); non-GAAP EPS $7.43-7.46; adj. FCF margin 32-33%.
- CEO cites strong cybersecurity demand; CFO highlights revenue growth, margin expansion, and cash conversion.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1327567/000132756722000014/0001327567-22-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1327567/000132756722000014/panw-20220519.htm
  HTML page:      https://secwatch.observer/filing/0001327567-22-000014

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