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Stronger growth over the next three years could lead to more upside. Analysts are expecting Fortinet's revenue this year to increase just 9% to $5.8 billion. However, as you can see below, growth ...
The news pushed its share price down 12.5% over the past three months. ... Fortinet believes its total addressable market will increase from $150 billion this year to $208 billion by 2027 ...
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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 has offices located all over the world. Brothers Ken Xie and Michael Xie founded Fortinet in 2000.
Fortinet posted revenue of $1.43 billion for the second-quarter ended June 30, in line with analysts' estimates. Adjusted profit in the quarter came in at 57 cents per share, compared to 38 cents ...
The New York Stock Exchange reopened that day following a nearly four-and-a-half-month closure since July 30, 1914, and the Dow in fact rose 4.4% that day (from 71.42 to 74.56). However, the apparent decline was due to a later 1916 revision of the Dow Jones Industrial Average, which retroactively adjusted the values following the closure but ...
In the latest trading session, Fortinet (FTNT) closed at $51.94, marking a +0.13% move from the previous day.
Fortinet (FTNT) closed the most recent trading day at $55.92, moving +1.86% from the previous trading session.