SANTA CLARA, Calif. (AP) _ Palo Alto Networks Inc. (PANW) on Monday reported a loss of $92.2 million in its fiscal first quarter.

The Santa Clara, California-based company said it had a loss of 97 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, were $1.62 per share.

The results exceeded Wall Street expectations. The average estimate of 16 analysts surveyed by Zacks Investment Research was for earnings of $1.34 per share.

The security software maker posted revenue of $946 million in the period, which also beat Street forecasts. Twelve analysts surveyed by Zacks expected $920.7 million.

For the current quarter ending in February, Palo Alto expects its per-share earnings to range from $1.42 to $1.44. Analysts surveyed by Zacks had forecast adjusted earnings per share of $1.33.

The company said it expects revenue in the range of $975 million to $990 million for the fiscal second quarter. Analysts surveyed by Zacks had expected revenue of $920.8 million.

Palo Alto expects full-year earnings in the range of $5.70 to $5.80 per share, with revenue ranging from $4.09 billion to $4.14 billion.

Palo Alto shares have climbed 12% since the beginning of the year. The stock has climbed slightly more than 5% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PANW at https://www.zacks.com/ap/PANW

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