Palo Alto Networks hails 'first $2bn quarter ever' as revenues climb almost 30 per cent in Q4

The cybersecurity vendor saw positive growth in hardware sales and hopes supply chain issues will ease in the next quarter

Kelsey Rees
clock • 2 min read
Palo Alto Networks hails 'first $2bn quarter ever' as revenues climb almost 30 per cent in Q4

Palo Alto Networks has published a top line spike in its fiscal fourth quarter 2021 financial results, ended July 31, 2021.  Total revenue grew 28 per cent year on year to $1.2bn (€1.022bn), up from $950.4m (€809.5m) for the fiscal fourth quarter 2020. While non-GAAP net income for the quarter rose 10.5 per cent to $161.9m (€137.9m) from $144.9m (€123.4m).  "Our strong Q4 performance was the culmination of executing on our strategy throughout the year, including product innovation, p...

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