Palo Alto Networks (PANW) Tops Q4 EPS by 16c, Offers Guidance

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Palo Alto Networks Reports Fiscal Fourth Quarter and Fiscal Year 2023 Financial Results

August 18, 2023 4:05 PM EDT

Fiscal fourth quarter revenue grew 26% year over year to $2.0 billion. Fiscal year 2023 revenue grew 25% year over year to $6.9 billion.Fiscal fourth quarter billings grew 18% year over year to $3.2 billion. Fiscal year 2023 billings grew 23% year over year to $9.2 billion.Remaining performance obligation grew 30% year over year to $10.6 billion.

SANTA CLARA, Calif., Aug. 18, 2023 /PRNewswire/ -- Palo Alto... More