Palo Alto Networks, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended April 30, 2024
May 20, 2024 at 04:05 pm EDT
Palo Alto Networks, Inc. reported earnings results for the third quarter and nine months ended April 30, 2024. For the third quarter, the company reported revenue was USD 1,984.8 million compared to USD 1,720.9 million a year ago. Net income was USD 278.8 million compared to USD 107.8 million a year ago. Basic earnings per share from continuing operations was USD 0.86 compared to USD 0.35 a year ago. Diluted earnings per share from continuing operations was USD 0.79 compared to USD 0.31 a year ago.
For the nine months, revenue was USD 5,838 million compared to USD 4,939.4 million a year ago. Net income was USD 2,219.9 million compared to USD 212 million a year ago. Basic earnings per share from continuing operations was USD 6.99 compared to USD 0.7 a year ago. Diluted earnings per share from continuing operations was USD 6.27 compared to USD 0.63 a year ago.