Palo Alto Networks, Inc. (NASDAQ:PANW) Q1 2024 Earnings Call Transcript

Dipak Golechha: No. I mean, I think you obviously talked about the talent, which is part of the rationale for the annual thing. We did have some expects – expenses that we expected to incur in Q1 that will now come later in the year, some around the marketing areas as well. But I would say it’s just a normal course of operating business. And fundamentally, I think Dig and Talen explains the majority of the rest. I will just say on a year-on-year comparison, we did have, you know, hiring that had a different, you know, level of hiring activity this year, it’s a lot more normalized in terms of how we’re ramping. So there’s just a little bit of base factor calculation in there but nothing really added.

Walter Pritchard: All right. Thank you, Patrick, for your question. Thanks everybody for participating. And with that, I’ll pass it over to Nikesh for his closing comments.

Nikesh Arora: Well, thank you very much again, everyone, for taking the time to attend our earnings call. I would be remiss if I did not use the opportunity to thank all of our employees across the world and the ones in Israel, especially given what’s happening in that part of the world. I also wanted to thank all of our partners and customers for trusting Palo Alto Networks.