Palo Alto Networks Fiscal Q3 Adjusted Earnings, Revenue Rise; Shares Gain After-Hours

MT Newswires Live
Jun 03

Palo Alto Networks (PANW) reported fiscal Q3 adjusted earnings late Tuesday of $0.85 per diluted share, up from $0.80 a year earlier.

Analysts polled by FactSet expected $0.79.

Revenue for the three months ended April 30 was $3 billion, up from $2.29 billion a year earlier.

Analysts surveyed by FactSet expected $2.94 billion.

For fiscal Q4, the company expects adjusted EPS of $0.96 to $0.98 on revenue of $3.35 billion to $3.36 billion. Analysts expect $0.94 and $3.28 billion, respectively.

For full-year fiscal 2026, the company now expects adjusted EPS of $3.77 to $3.79 on revenue of $11.42 billion to $11.43 billion, up from the prior forecast of adjusted EPS of $3.65 to $3.70 on revenue of $11.28 billion to $11.31 billion.

Analysts expect $3.68 and $11.30 billion, respectively.

Shares of Palo Alto Networks rose about 9% in after-hours activity.

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