secwatch.observer — SEC 8-K summary
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Issuer:     Palo Alto Networks Inc (PANW)
CIK:        0001327567
Form:       8-K
Filed at:   2023-11-15T23:59:59+00:00
Accession:  0001327567-23-000030
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Palo Alto Networks Q1 FY2024 revenue up 20% YoY to $1.9B; raises FY non-GAAP EPS and margin guidance
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- Q1 revenue $1.9B (+20% YoY); GAAP EPS $0.56 vs $0.06; non-GAAP EPS $1.38 vs $0.83.
- Remaining performance obligation $10.4B (+26% YoY).
- Q2 guidance: revenue $1.955-$1.985B, non-GAAP EPS $1.29-$1.31.
- FY2024 raised: revenue $8.15-$8.20B, non-GAAP EPS $5.40-$5.53, op margin 26%-26.5%.
- Adjusted free cash flow margin guidance of 37%-38% for FY2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1327567/000132756723000030/0001327567-23-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1327567/000132756723000030/panw-20231115.htm
  HTML page:      https://secwatch.observer/filing/0001327567-23-000030

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