Cyber security company Palo Alto Networks Inc (PANW.N) reported a 59.3 percent jump in quarterly revenue as companies and governments spent more to protect their networks amid sophisticated cyber attacks.

The company’s net loss widened to $46 million, or 55 cents per share, in the fourth quarter ended July 31, from $32.1 million, or 41 cents per share, a year earlier.

Revenue rose to $283.9 million from $178.2 million.

(Reporting by Abhirup Roy in Bengaluru; Editing by Sriraj Kalluvila)

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