Earnings Release Date And Consensus Estimate

Palo Alto Networks Announces Q4 2024 Earnings Release Date and Guidance Update

Earnings Release Date and Consensus Estimate

Palo Alto Networks (NASDAQ: PANW) will release its financial results for the fourth quarter of fiscal 2024 on August 19, 2024.

The consensus estimate for the company's Q4 2024 earnings is $1.65 per share.

Revenue and Billings Guidance

For fiscal year 2024, Palo Alto Networks is updating its guidance and expects:

• Total billings in the range of $10.13 billion to $10.18 billion, representing year-over-year growth of 15% to 16%.
• Total revenue growth of approximately 20% year-over-year.

Financial Performance Update

For the fiscal second quarter of 2024, Palo Alto Networks reported:

• Total revenue of $2.0 billion, a 19% increase year-over-year.
• Total billings of $2.5 billion, a 16% increase year-over-year.
• Net income of $302.5 million, a 4% decline year-over-year.

Additional Information

More detailed information on Palo Alto Networks' financial performance can be found on the company's investor relations website.