Palo Alto Networks Inc (XTER:5AP)

€ 183.02 -0.82 (-0.45%) Market Cap: 118.42 Bil Enterprise Value: 116.15 Bil PE Ratio: 49.35 PB Ratio: 21.01 GF Score: 67/100

Palo Alto Networks Inc at Bank of America Global Technology Conference (Virtual) Transcript

Jun 08, 2021 / 03:30PM GMT

Release Date Price: €48.27 (-1.03%)

Transcript

Tal Liani

BofA Securities, Research Division - MD and Head of Technology Supersector

Great. Thanks so much for joining us this morning, this afternoon. This is my first session in our tech conference. And I'm very happy to start with Nikesh Arora, Palo Alto's CEO, one of the most important companies in my universe. As always in these conferences, the discussion will be kind of starts with high level to address issues that we don't normally have time to address and then we'll go down if time permits, we go down and discuss more details about the quarter, et cetera. If you have any question, there is a parallel Veracast session where you can e-mail me or text me questions there, and I will do my best to ask the question. So with no further ado, I want to welcome Nikesh for joining us.

Questions & Answers

Tal Liani

BofA Securities, Research Division - MD and Head of Technology Supersector

And I want to start with the first high-level question which is, you reported a great quarter, billings were up 23.5%, NGS ARR were up 71%. I want to start with the

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