Palo Alto Networks IncPANW
▲ PositiveCapitalrelevance
Beat Q4 revenue and EPS estimates, with strong growth and RPO above expectations.

Palo Alto Networks reported fiscal fourth-quarter revenue of $3.41 billion, up 34.5% year over year, and EPS of $1.02, beating the Zacks Consensus Estimate of $3.35 billion and $0.98, respectively. The company's remaining performance obligation reached $21.20 billion, surpassing the $20.96 billion analyst average. Product revenue rose 28.6% to $738 million, while subscription and support revenue grew 36.2% to $2.67 billion, with subscription revenue up 39.9% to $1.84 billion. Shares have gained 10.1% over the past month, and the stock holds a Zacks Rank #2 (Buy).
Palo Alto Networks IncBeat Q4 revenue and EPS estimates, with strong growth and RPO above expectations.
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