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Palo Alto Networks Fiscal Q4 Non-GAAP Earnings, Revenue Increase; Issues Fiscal Q1, 2025 Guidance
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Palo Alto Networks Fiscal Q4 Non-GAAP Earnings, Revenue Increase; Issues Fiscal Q1, 2025 Guidance
Aug 19, 2024 1:57 PM

04:33 PM EDT, 08/19/2024 (MT Newswires) -- Palo Alto Networks ( PANW ) reported fiscal Q4 non-GAAP earnings late Monday of $1.51 per diluted share, up from $1.44 per a year earlier.

Analysts polled by Capital IQ expected $1.41.

Revenue for the quarter ended July 31 was $2.19 billion, up from $1.95 billion a year earlier.

Analysts surveyed by Capital IQ expected $2.16 billion.

The cybersecurity company said it expects fiscal Q1 non-GAAP EPS of $1.47 to $1.49 on revenue of $2.10 billion to $2.13 billion. Analysts are projecting non-GAAP EPS of $1.42 and revenue of $2.10 billion.

The company expects fiscal 2025 non-GAAP EPS of $6.18 to $6.31 on revenue of $9.10 billion to $9.15 billion. Analysts are looking for non-GAAP EPS of $6.19 and revenue of $9.11 billion.

Shares of Palo Alto were up 3.5% in after-hours activity.

Price: 355.50, Change: +12.14, Percent Change: +3.54

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