Palo Alto Networks Q3 sales, outlook miss targets

Palo Alto Networks, a network security company, delivered a mixed fiscal third quarter and cut its sales outlook for the fourth quarter.

The company reported a fiscal third quarter net loss of $7.3 million, or 10 cents a share, on revenue of $101.3 million, up 54 percent from a year ago. Non-GAAP earnings were 6 cents a share.