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Significant growth in PANW’s customer base has driven its revenue and billings higher.PANW’s billings rose from 1 million in fiscal 2014 to .85 billion in fiscal 2018. In the last quarter, PANW said it had signed an eight-figure deal with a US government agency.This deal was among the largest in company history and drove its product revenue in the third quarter.Its operating profit also increased from million in fiscal 2014 to 9 million in fiscal 2018, indicating high operating leverage.
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An increase in revenue has meant that PANW has also been able to expand its bottom line.
Its operating margin expanded from 11.6% in fiscal 2014 to 21.9% in fiscal 2018.
At the end of the third quarter of fiscal 2011, PANW had 3,500 customers.
This figure rose to 24,000 at the end of the third quarter of fiscal 2015, and it now stands at 62,000.I love to cook and feel best when in the kitchen,exploring different .workout regularly, and LOVE mornings..give 100 percent love to the person i am with, I enjoy life to its fullest but missing that special person..