Palo Alto Networks, Inc. is a NASDAQ-listed company with a market capitalization of $51.1 bln and shares outstanding of 302 mln. As of 2 Sept 2020, the stock price was $169.28 with a year high/low of $213.63/$132.22, respectively.
The company’s most recent financial reports indicate that Palo Alto Networks reported revenues of $1,564 mln for the quarter ended 31 Jan 2023, an increase from $1,563 mln in the quarter ended 31 Oct 2022 and $1,385 mln in the quarter ended 30 April 2022. This indicates that the company has been growing its top line over this period as expected.
Looking at these figures further reveals that for the same periods, Palo Alto Networks reported Earnings Per Share (EPS) of -$0.20 (Q2 2022), +$0.58 (Q3 2022) and +$0.79 (Q4 2022). This suggests that while revenues have been on an uptrend, profitability has generally been solid but could still be improved upon as indicated by some negative values in the EPS metric earlier in the fiscal year ending January 2023.
In conclusion, Palo Alto Networks appears to be in a good financial position as its revenue continues to grow and quarterly EPS figures remain consistently above zero despite occasional dips into negative territory earlier in the fiscal year ending January 2023.
