Palo Alto Networks, the global cybersecurity leader, announced financial results for its fiscal first quarter 2022, ended October 31, 2021.
Palo Alto Networks said its revenue grew 32 percent to $1.2 billion for the fiscal first quarter 2022 vs $946 million for the fiscal first quarter 2021.
Palo Alto Networks reported net loss of $103.6 million, or $1.06 per diluted share, compared with net loss of $92.2 million, or $0.97 per diluted share.
Palo Alto Networks is expecting billings of $1.51-$1.53 billion, representing year-over-year growth of 24-26 percent for the fiscal second quarter 2022.
Palo Alto Networks is expecting revenue of $1.265-$1.285 billion, representing year-over-year growth of 24-26 percent for the fiscal second quarter 2022.
Palo Alto Networks is expecting billings of $6.675-$6.725 billion, representing year-over-year growth of 22-23 percent for the fiscal year 2022.
Palo Alto Networks is expecting revenue of $5.35-$5.40 billion, representing year-over-year growth of 26-27 percent for the fiscal year 2022.
