secwatch.observer — SEC 8-K summary
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Issuer:     Palo Alto Networks Inc (PANW)
CIK:        0001327567
Form:       8-K
Filed at:   2024-05-20T23:59:59+00:00
Accession:  0001327567-24-000015
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 FY2024 revenue $2B (+15% YoY), non-GAAP EPS $1.32, raises FY guidance
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- Revenue $2.0B (+15% YoY); GAAP EPS $0.79; Non-GAAP EPS $1.32, both above prior year.
- Remaining performance obligation $11.3B (+23% YoY), indicating strong future revenue.
- Non-GAAP operating margin 26% (+200 bps YoY).
- Q4 guidance: rev $2.15-2.17B, non-GAAP EPS $1.40-1.42; FY2024: rev $7.99-8.01B, non-GAAP EPS $5.56-5.58.
- Adjusted free cash flow margin guided 38.5%-39.0% for FY2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1327567/000132756724000015/0001327567-24-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1327567/000132756724000015/panw-20240520.htm
  HTML page:      https://secwatch.observer/filing/0001327567-24-000015

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