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Fortinet shares dip despite beating revenue and earnings estimates
For the quarter ended Sept. 30, Fortinet reported adjusted earnings per share of 70 cents, up from 41 cents in the same quarter of 2023, on revenue of $1.51 billion, up 13% year-over-year. Both were ahead of the 52 cents and $1.48 billion expected by analysts.
Fortinet Beats Revenue, Margin Guidance
The cybersecurity company's third-quarter results largely exceeded management's expectations.
Fortinet
specializes in integrated cybersecurity solutions, offering a comprehensive suite of products under the
Fortinet
Security Fabric. This platform combines ...
Fortinet's quarterly revenue forecast disappoints, shares fall
Cybersecurity firm Fortinet's fourth-quarter revenue forecast failed to impress investors on Thursday, sending its shares down over 8% in extended trading.
Fortinet's Earnings Beat. Network Firewall Market Rebounding In 2025.
Cybersecurity firm Fortinet reported Q3 earnings and revenue that topped Wall Street analyst estimates while billings guidance came in below expectations.
Hosted on MSN
14h
Fortinet’s Financial Forecast: Navigating Risks Amid Global Political Turmoil
Fortinet
(FTNT) has disclosed a new risk, in the Economy & Political Environment category.
Fortinet
faces significant ...
2d
on MSN
Cloudflare, Fortinet Stocks Fall. The Cybersecurity Companies Face These 2 Challenges.
Shares in Cloudflare and Fortinet were sliding on Friday after the cybersecurity companies both forecast weaker-than-expected ...
1d
Fortinet, Inc. Just Beat EPS By 58%: Here's What Analysts Think Will Happen Next
It's been a pretty great week for Fortinet, Inc. (NASDAQ:FTNT) shareholders, with its shares surging 17% to US$92.04 in the week since its latest third-quarter results. Revenues were US$1.5b, ...
1d
Fortinet’s Strong Q3 Performance Balanced by Uncertainties and Future Outlook
Needham analyst Matt Dezort has reiterated their neutral stance on FTNT stock, giving a Hold rating today. Matt Dezort has given his Hold ...
CRN
2d
Fortinet Execs: Firewall Growth Is On The Rebound
The rebound in firewall growth was reflected in the return of overall product revenue growth for Fortinet, which reported ...
2d
Fortinet (FTNT) Q3 2024 Earnings Call Transcript
Fortinet (NASDAQ: FTNT) Q3 2024 Earnings Call Nov 07, 2024, 4:30 p.m. ET ...
2d
Fortinet’s Strong Q3 Performance and Promising Growth Prospects Earn Buy Rating
Hamza Fodderwala, an analyst from Morgan Stanley, maintained the Buy rating on Fortinet (FTNT – Research Report). The associated price ...
3d
Fortinet expands generative AI in cybersecurity portfolio with new FortiAI integrations
Fortinet was previously in the news in August when it expanded its unified secure access service edge solution with sovereign ...
Security
3d
Fortinet expands generative AI portfolio with two new additions
FortiAI now spans seven unique Fortinet products with new GenAI integrations for FortiNDR Cloud and Lacework FortiCNAPP.
1d
Fortinet price target raised to $88 from $76 at BMO Capital
BMO Capital analyst Keith Bachman raised the firm’s price target on Fortinet (FTNT) to $88 from $76 and keeps a Market Perform rating on ...
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