secwatch.observer — SEC 8-K summary
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Issuer:     Palo Alto Networks Inc (PANW)
CIK:        0001327567
Form:       8-K
Filed at:   2023-02-21T23:59:59+00:00
Accession:  0001327567-23-000005
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 FY2023 revenue $1.7B (+26% YoY); GAAP net income $84.2M vs loss year ago; raises billings guidance
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- Revenue $1.7B (+26% YoY); billings $2.0B (+26% YoY); RPO $8.8B (+39% YoY).
- GAAP net income $84.2M ($0.25 diluted EPS) vs GAAP net loss $93.5M ($0.32 loss) in Q2 FY2022.
- Non-GAAP net income $331.7M ($1.05 diluted EPS) vs $185.0M ($0.58) year ago.
- Q3 FY2023 guidance: billings $2.20-2.25B, revenue $1.695-1.725B, non-GAAP EPS $0.90-0.94.
- FY2023 guidance raised: billings $9.10-9.20B, revenue $6.85-6.91B, non-GAAP EPS $3.97-4.03, adjusted FCF margin 36.5-37.5%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1327567/000132756723000005/0001327567-23-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1327567/000132756723000005/panw-20230221.htm
  HTML page:      https://secwatch.observer/filing/0001327567-23-000005

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