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Fortinet's SASE category accounts for nearly 25% of its revenue, and it's expanding rapidly. The company reported 24% year-over-year growth in service revenue last quarter, and it's forecasting 18 ...
June 9, 2024 at 3:50 AM. Shares of Fortinet (NASDAQ: FTNT) are down 27% from their 52-week high. The sell-off stems from a string of weaker-than-expected results and slowing sales over the past ...
Before you buy stock in Fortinet, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Fortinet wasn ...
Fortinet, Inc. is a cybersecurity company with headquarters in Sunnyvale, California. The company develops and sells security solutions like firewalls , endpoint security and intrusion detection systems .
Fortinet's (FTNT) first-quarter 2021 results reflect gains from stellar growth in Fortinet Security Fabric, cloud and SD-WAN offerings. Fortinet (FTNT) Stock Gains on Q1 Earnings Beat, Upbeat Guidance
Fortinet's adjusted EPS rose 37% in 2023, but it expects just 6%-10% growth in 2024 as it ramps up its spending on its development of new ASIC chips. Palo Alto Networks trades at 48 times forward ...
After a massive growth cycle during the pandemic, Fortinet's hardware sales are now in a down cycle. Product sales fell 18% year over year in Q1 to $409 million. But these days, Fortinet's ...
Fortinet (FTNT) closed at $59.87 in the latest trading session, marking a +1.47% move from the prior day.
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