04:24 PM EDT, 05/20/2025 (MT Newswires) -- Palo Alto Networks ( PANW ) reported late Tuesday fiscal Q3 non-GAAP net income of $0.80 per diluted share, up from $0.66 a year earlier.

Analysts polled by FactSet, on average, expected $0.77.

Revenue for the quarter ended April 30 was $2.29 billion, up from $1.98 billion a year earlier. Analysts expected $2.28 billion.

The cybersecurity company expects fiscal Q4 non-GAAP EPS of $0.87 to $0.89 on revenue of $2.49 billion to $2.51 billion. Analysts were projecting $0.87 and $2.50 billion, respectively.

For fiscal 2025, Palo Alto raised its non-GAAP EPS guidance to a range of $3.26 to $3.28 from the prior range of $3.18 to $3.24. It now expects revenue of $9.17 billion to $9.19 billion, against $9.14 billion to $9.19 billion previously. Analysts were expecting EPS of $3.23 on revenue of $9.17 billion.

Shares of the company were down more than 3% in after-hours activity.