Palo Alto Networks Exceeds Earnings and Revenue Estimates
Palo Alto Networks (NASDAQ:PANW) reported Q4 Non-GAAP earnings per share (EPS) of $1.02, surpassing the expected figure by $0.04. The company also generated revenue of $3.41 billion in the quarter, which exceeded estimates by $60 million and marked a 34.3% year-over-year increase. The strong performance reflects robust demand for its cybersecurity solutions. For the upcoming fiscal first quarter of 2027, Palo Alto Networks anticipates Next-Generation Security ARR to range between $9.54 billion and $9.56 billion, indicating continued growth in recurring revenue from security subscriptions.
Tickers: $PANW
Topics: financial_results guidance revenue_growth