Shares of Palo Alto Networks Inc. rose 1.2% in premarket trade Monday, after the network security company reported fiscal third-quarter profit and revenue that beat expectations, while provided a mixed outlook. The net loss for the quarter to April 30 narrowed to $46.7 million, or 51 cents a share, from $60.9 million, or 67 cents a share, in the same period a year ago. Excluding non-recurring items, such as share-based compensation-related charges, adjusted earnings per share came to 99 cents, above the FactSet consensus of 96 cents. Revenue rose 31% to $567.1 million, beating the FactSet consensus of $547.4 million, as product and subscription and support revenue both rose more than expected. For the fiscal fourth quarter, the company expects adjusted EPS of $1.15 to $1.17, which is below the FactSet consensus of $1.21, but expected revenue of $625 million to $635 million, which is above expectations of $619 million. The stock had soared 44.3% year to date through Friday, while the S&P 500 had edged up 2.3%.