Cybersecurity firm Palo Alto Networks reports smaller quarterly loss

[June 04, 2018]    (Reuters) - Cybersecurity company Palo Alto Networks Inc reported a smaller quarterly loss on Monday, driven by strong growth in its cloud security business.

Mark McLaughlin, president and chief executive officer of Palo Alto Networks speaks during an interview in New York, March 19, 2013. REUTERS/Brendan McDermid

Net loss narrowed to $46.7 million, or 51 cents per share, in the third-quarter ended April 30, from $60.9 million, or 67 cents per share, a year earlier.

Total revenue rose to $567.1 million from $431.8 million.

(Reporting by Laharee Chatterjee in Bengaluru; Editing by Arun Koyyur)

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