Palo Alto Networks shows a revenue grew 28% year over year to $1.2 billion
By MYBRANDBOOK
Palo Alto Networks, the global cybersecurity leader, is shaping the cloud-centric future with technology that is transforming the way people and organizations operate.
Palo Alto Networks announced it’s financial results for its fiscal fourth quarter 2021, ended July 31, 2021. Fiscal fourth quarter revenue grew 28% year over year to $1.2 billion. Fiscal year 2021 revenue grew 25% to $4.3 billion. Total revenue for the fiscal fourth quarter 2021 grew 28% year over year to $1.2 billion, compared with total revenue of $950.4 million for the fiscal fourth quarter 2020.
Our strong Q4 performance was the culmination of executing on our strategy throughout the year, including product innovation, platform integration, business model transformation and investments in our go-to-market organization," said Nikesh Arora, chairman and CEO of Palo Alto Networks.
We are pleased to deliver strength across all the key total shareholder return drivers - top line, operating margin and free cash flow conversion," said Dipak Golechha, chief financial officer of Palo Alto Networks. "We look forward to updating investors on our long-term goals at our upcoming analyst day on September 13th".
Palo Alto Networks address the world's greatest security challenges with continuous innovation that seizes the latest breakthroughs in artificial intelligence, analytics, automation, and orchestration. By delivering an integrated platform and empowering a growing ecosystem of partners, we are at the forefront of protecting tens of thousands of organizations across clouds, networks, and mobile devices.
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