Palo Alto Networks reports strong Q1 results, appoints new CFO

Palo Alto Networks published its first quarter fiscal 2018 financial results on Monday, beating market expectations and sending shares up in after-hours trading. The security company posted non-GAAP net income of $69.8 million, or 74 cents per diluted share, compared with non-GAAP net income of $51.2 million, or 55 cents per diluted share, a year prior.

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