Palo Alto Networks Inc

NYSE:PANW   3:24:43 PM EDT
483.17
+3.23 (+0.67%)
Other Pre-Announcement

Palo Alto Networks Reports Fiscal Fourth Quarter 2021 Results

Published: 08/23/2021 20:20 GMT
Palo Alto Networks Inc (PANW) - Palo Alto Networks Reports Fiscal Fourth Quarter 2021 Financial Results.
Q4 Revenue $1.2 Billion Versus Refinitiv Ibes Estimate of $1.17 Billion.
Sees Q1 Non-GAAP Earnings per Share $1.55 to $1.58.
Sees FY Non-GAAP Earnings per Share $7.15 to $7.25.
Q4 Non-GAAP Earnings per Share $1.60.
Q4 Loss per Share $1.23.
Sees Q1 Revenue $1.19 Billion to $1.21 Billion.
Sees FY Revenue $5.275 Billion to $5.325 Billion.
Sees FY Revenue Up 24 to 25 Percent.
Sees Q1 Revenue Up 26 to 28 Percent.
Q4 Earnings per Share Estimate $1.44 -- Refinitiv Ibes Data (analyst estimates).
Qtrly Product Revenue $339.4 Million Versus $305.6 Million.
Qtrly Subscription and Support Revenue $879.9 Million Versus $644.8 Million.
Fiscal Q4 Billings Grew 34% Year Over Year to $1.9 Billion.
For Fiscal Q1 2022, Company Expects Total Billings in Range of $1.29 Billion to $1.31 Billion.
Qtrly Deferred Revenue Grew 32% Year Over Year to $5.0 Billion.
Qtrly Deferred Revenue Grew 32% Year Over Year to $5.0 Billion.
For Fiscal Year 2022, Company Expects Total Billings in Range of $6.60 Billion to $6.65 Billion.
Q1 Earnings per Share View $1.59, Revenue View $1.15 Billion -- Refinitiv Ibes Data (analyst estimates).
FY2022 Earnings per Share View $7.07, Revenue View $4.99 Billion -- Refinitiv Ibes Data (analyst estimates).
Subsequent to Quarter End, Board Authorized an Additional $676.1 Million for Share Repurchase.