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Palo Alto Networks, Inc.
5/21/2020
The world didn't just start working remotely. It also started living remotely. Right now, digital connection is human connection. And it's those digital connections Palo Alto Networks have spent 15 years securing. In the last few weeks alone, as commutes went from highway to hallway, we helped an energy services provider secure 80,000 employees using the world's largest clouds. we enabled a global tech manufacturer to quickly scale their security as 35,000 homes became offices and worked with the school district to secure learning in days when computers became classrooms. As the world's largest cybersecurity company, we're already protecting millions of remote workers and millions of human connections. Palo Alto Networks, next-gen cybersecurity delivered today.
Hello, welcome to the Q3 fiscal year 2020 earnings call for Palo Alto Networks. This call is being recorded and will be accessible on the Palo Alto Networks Investor Relations website. Now, I'd like to turn it over to David Niederman, Vice President of Investor Relations.
Good afternoon, and thank you for joining us on today's conference call to discuss Palo Alto Network's fiscal third quarter 2020 financial results. This call is being broadcast live over the web and can be accessed on the investors section of our website at investors.palaltonnetworks.com. With me on today's call are Nikesh Rora, our chairman and chief executive officer, Kathy Bonanno, our chief financial officer, and Lee Klarich, our chief product officer. This afternoon, we issued a press release announcing our results for the fiscal third quarter ended April 30th, 2020. If you would like a copy of the release, you can access it online on our website. We would like to remind you that during the course of this conference. We'll make forward-looking statements, including statements regarding the duration and impacts of COVID-19 on our business, our customers, the enterprise and cybersecurity industry, and global economic conditions, our financial guidance and modeling points for the fiscal fourth quarter and full fiscal year 2020. our competitive position, and the demand and market opportunity for our products and subscriptions, benefits and timing of new products, features and subscription offerings, revenue ARR, and various billings run rates, as well as trends in certain financial results and operating metrics. These forward-looking statements involve a number of risks and uncertainties, some of which are beyond our control, which could cause actual results to differ materially from those anticipated by these statements. These forward-looking statements apply as of today. You should not rely on them as representing your views in the future, and we undertake no obligation to update these statements after the call. For a more detailed description of factors that could cause actual results to differ, please refer to our quarterly report on Form 10Q filed with the SEC on February 25, 2020, and our earnings release posted a few minutes ago on our website and filed with the SEC on Form 8K. Also, please note that certain financial measures we use on this call are expressed on a non-GAAP basis and have been adjusted to exclude certain charges. For historical periods, we have provided reconciliations of these non-GAAP financial measures to GAAP financial measures and the supplemental financial information that can be found in the Investors section of our website, located at investors.palatinetworks.com. Finally, once we have completed our formal remarks, we will be posting them to our Investor Relations website under the Quarterly Results section. We'd also like to inform you that we will be virtually presenting at the Baird Global Consumer Technology and Services Conference, the Bank of America Global Technology Conference, the Piper Sandler PSH Friday session on SASE versus SD-WAN, and the Morgan Stanley Zero Trust Architectures Virtual Finmatic Conference. And with that, I will turn the call over to Nick Ash.
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