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Palo Alto Networks handily beat analysts’ fiscal first-quarter expectations late Monday, but its costs grew faster than its revenues, and its Q2 earnings guidance appeared cautious. The network security firm’s Q1 earnings per share leapt 87.5% to 15 cents, beating by 3 cents, as more enterprises shored up their defenses against cyberthreats. Revenue increased 50% to $192.3 million, above views for $181.73 million. But the cost Scalper1 News
Scalper1 News