Palo Alto Networks posts smaller quarterly loss

By Kitco News / February 26, 2018 / www.kitco.com / Article Link

Feb 26 (Reuters) - Palo Alto Networks Inc reported a smaller quarterly loss as the cyber security company added more customers to its cloud-based security services.

The company's net loss narrowed to $34.9 million, or 38 cents per share, in the second quarter ended Jan. 31, from $60.6 million, or 67 cents per share, a year earlier. Revenue rose to $542.4 million from $422.6 million.


(Reporting by Laharee Chatterjee in Bengaluru; Editing by Maju Samuel)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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