Palo Alto Networks (NASDAQ:PANW) reported its Q2 earnings results on Tuesday, February 22, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Palo Alto Networks beat estimated earnings by 6.1%, reporting an EPS of $1.74 versus an estimate of $1.64.
Revenue was up $299.90 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.07 which was followed by a 1.99% increase in the share price the next day.
Here's a look at Palo Alto Networks's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.57 | 1.44 | 1.28 | 1.43 |
| EPS Actual | 1.64 | 1.60 | 1.38 | 1.55 |
| Revenue Estimate | 1.20B | 1.17B | 1.06B | 985.68M |
| Revenue Actual | 1.25B | 1.22B | 1.07B | 1.02B |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
