Palo Alto Networks shares hit record high on strong earnings


Shares in Palo Alto Networks Inc. hit a record high today after the company beat first-quarter earnings estimates. For the quarter ended Oct. 31, Palo Alto Networks reported revenue rose 23%, to $946 million, from a year ago. Adjusted earnings excluding share-based compensation expenses and other items came in at $1.62 a share versus $1.05 a share a year …

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