Fortinet slipped 5% during early post-market trading Thursday despite increasing its revenue 13% year over year for the third ...
HighlightsTotal revenue up 13% year over year; service revenue up 19% year over yearBillings1 and product revenue returns to growthStrong ...
Truist analyst Junaid Siddiqui raised the firm’s price target on Fortinet (FTNT) to $85 from $70 and keeps a Buy rating on the shares as part of a broader research note previewing Q3 results ...
Fortinet expects full-year revenue to be in the range of $5.856 billion to $5.916 billion versus estimates of $5.861 billion.
(Reuters) - Cybersecurity firm Fortinet's fourth-quarter revenue forecast failed to impress investors on Thursday, sending its shares down over 8% in extended trading. High-interest rates, which are ...
Cybersecurity firm Fortinet reported Q3 earnings and revenue that topped Wall Street analyst estimates while billings guidance came in below expectations.
Fortinet stock is up 60.85% YoY, 39.47% year to date. Bullish trends are expected with strong positioning in the ...
The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...
Fortinet (FTNT) announced the expansion of generative AI capabilities across its product portfolio with the launch of two new integrations with ...
Fortinet's share price rebounded to near all-time highs after Q2 earnings, driven by easing hardware demand headwinds and improving margins. Despite potential short-term service revenue headwinds ...
On Monday, Barclays reaffirmed its Equal-weight rating on Fortinet (NASDAQ:FTNT), with a continued price target of $85.00. The firm's analysis suggests that Fortinet's third-quarter billings could ...
As Fortinet explains, the vulnerable fgfmd daemon runs on FortiGate and FortiManager, handling all authentication requests and managing keep-alive messages between them (as well as all resulting ...