June 4, 2018 / 11:46 AM / 2 months ago

Cybersecurity firm Palo Alto Networks reports smaller quarterly loss

June 4 (Reuters) - Cybersecurity company Palo Alto Networks Inc reported a smaller quarterly loss on Monday, driven by strong growth in its cloud security business.

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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