The company said fiscal fourth quarter 2024 total revenue grew 12% year over year to $2.2 billion, and fiscal year 2024 revenue grew 16% year over year to $8.0 billion.

1. 01

   The company said fiscal fourth quarter 2024 total revenue grew 12% year over year to $2.2 billion, and fiscal year 2024 revenue grew 16% year over year to $8.0 billion.

2. 02

   Palo Alto Networks said GAAP net income for the fiscal fourth quarter 2024 was $357.7 million ($1.01 per diluted share), compared with $227.7 million ($0.64 per diluted share) a year earlier. Non-GAAP net income was $522.2 million ($1.51 per diluted share).

3. 03

   The company said Next-Generation Security ARR grew 43% year over year to $4.2 billion, and remaining performance obligation grew 20% year over year to $12.7 billion.

4. 04

   The company said it expects total revenue for fiscal year 2025 of $9.10 billion to $9.15 billion. It also said its board approved an additional $500 million of share repurchases, bringing the remaining authorization to $1 billion. The authorization runs through December 31, 2025.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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