Palo Alto Networks Q3 revenue $1.7B (+24% YoY), GAAP net income positive, raises FY guidance

Palo Alto Networks Inc

2023-Q3 EPS reported $0.63 revenue$4,939,400,000

Revenue $1.7B (+24% YoY); billings $2.3B (+26% YoY); RPO grew 35% to $9.2B.
GAAP net income $107.8M ($0.31 diluted EPS) vs year-ago loss of $73.2M.
Non-GAAP EPS $1.10 vs $0.60 YoY; non-GAAP net income $359.4M.
Q4 guidance: revenue $1.937-1.967B, non-GAAP EPS $1.26-$1.30.
Raises FY23 cash flow margin guidance to 37.5%-38.5%.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Palo Alto Networks Inc reported financial results for third quarter and fiscal year ended April 30, 2023.

Period: third quarter and fiscal year ended April 30, 2023
Result: reported results

Exact text from the filing

On May 23, 2023 , Palo Alto Networks, Inc. (the “Company”) issued a press release announcing its financial results for its third quarter and fiscal year ended April 30, 2023.

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Source: SEC EDGAR

accession 0001327567-23-000012

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