(Finance) – Palo Alto Networksa Californian cybersecurity company, has registered total revenue up 29% yoy to $ 1.4 billion in the third quarter of fiscal 2022 (ended April 30, 2022). L’Net income non-GAAP was $ 193.1 million, or $ 1.79 per diluted sharecompared to $ 139.5 million, or $ 1.38 per diluted share, for the same period of 2021.
“We saw strong top-line growth in the third quarter, reflecting the continued execution of our teams in capitalizing on strong trends in cybersecurity demand – said Nikesh Arora, president and CEO – Based on this strength across our portfolio, we are again increasing our guidance for the year in terms of revenue and earnings per share. “
For the full fiscal year 2022, Palo Alto Networks, now expects: total revenues between $ 5.481 billion and $ 5.501 billion, representing approximately 29% year-over-year growth; a non-GAAP diluted net income per share of $ 7.43 to $ 7.46; adjusted free cash flow margin between 32% and 33%.
Excellent performance of Palo Alto Networkswhich stands at 486.3 with an increase of 11.44%. At the operational level, the session is expected to continue under the banner of bull with resistance seen at 496.1 and later at 518.8. Support at 473.4.