Palo Alto Networks reports Q3 adjusted EPS 80c, consensus 77c

Reports Q3 revenue $2.29B, consensus $2.28B. “In Q3, we continued to make progress on our platformization strategy and achieved an important milestone in crossing $5 billion in Next-Gen Security ARR,” said Nikesh Arora, chairman and CEO of Palo Alto Networks (PANW). “Our scale and platform breadth makes us a leading consolidator of choice in cybersecurity.” “We again delivered strong top-line results within our profitable growth framework, as we continue to see our business scale well across the P&L,” said Dipak Golechha, chief financial officer of Palo Alto Networks. “We look forward to executing against our targets as we close fiscal year 2025.”