Palo Alto Networks PANW 0.09%increase; green up pointing triangle logged higher revenue in its fiscal third quarter, though profit slipped as expenses increased.

The Santa Clara, Calif., cybersecurity company on Tuesday posted a profit of $262.1 million, or 37 cents a share, for its three months ended April 30, compared with $278.8 million, or 39 cents a share, a year earlier.