secwatch.observer — SEC 8-K summary
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Issuer:     Palo Alto Networks Inc (PANW)
CIK:        0001327567
Form:       8-K
Filed at:   2023-05-23T23:59:59+00:00
Accession:  0001327567-23-000012
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1327567/000132756723000012/0001327567-23-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1327567/000132756723000012/panw-20230523.htm
  HTML page:      https://secwatch.observer/filing/0001327567-23-000012

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