Fortinet Stock News

Fortinet stock dropped nearly 25% in one trading session.

Fortinet Inc.'s warning of “macro uncertainties” was weighing on the cybersecurity sector Friday, though at least one industry name managed to buck the trend.

U.S. equities were higher at midday on Friday, Aug. 4, 2023 on the back of strong earnings reports, while a cooler-than-expected July jobs report raised optimism the Fed could ease back on its campaig

U.S. nonfarm payrolls up by 187k in July; Unemployment rate down 3.5% for the month. Should investors be watching hours worked like some of the Fed members?

Fortinet beat on earnings, but slightly missed on revenue growth in the second quarter. Management noted that billings performance was hurt by macro uncertainty during the quarter.

Fortinet's (FTNT) Q2 results reflect strong demand for Core and Enhanced Platform Technologies, while positive pricing actions, easing supply-chain cost pressures and discounting policies in the Produ

Chief Financial Officer Keith Jensen says an 'unusually large volume of deals' expected to close in June were pushed out to future quarters instead.

The headline numbers for Fortinet (FTNT) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimate

Fortinet (FTNT) came out with quarterly earnings of $0.38 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.24 per share a year ago.

NCR's Q2 earnings benefit from lower direct costs, indirect cost mitigation actions and a higher-margin revenue mix, partially offset by an unfavorable currency exchange rate and a higher tax rate.

We have narrowed our search to five Internet software stocks with strong potential for the rest of 2023. These are: CRWD, FTNT, PANW, WDAY, STNE.

Fortinet's (FTNT) second-quarter 2023 earnings are likely to have been aided by the strong adoption of Security Fabric, cloud and SD-WAN offerings.

The Zacks Internet software industry participants like Meta (META), Fortinet (FTNT) and Palo Alto Networks (PANW) are benefiting from high demand for SaaS due to the increasing need for remote working

Cybersecurity is a critical service for businesses as cyberattacks continue to grow. A report cited a 38% increase in cyberattacks from 2021 to 2022.

As the 2023 stock-market rally continues, this is a good time to look further ahead to see which companies are expected to show the highest growth rates through 2025.