Fortinet, Inc. (NASDAQ:FTNT) shares are trading higher after the company reported better-than-expected fourth-quarter financial results after the bell Tuesday. Here's a look at the highlights. Fortinet reported quarterly earnings of 51 cents per share, which beat the analyst consensus estimate of 43 cents by 18.6%. The company reported quarterly sales of $1.42 billion, beating the analyst consensus estimate of $1.41 billion by 0.78% and representing a 10.68% increase over sales of $1.28 billion
Fortinet Reports Fourth Quarter and Full Year 2023 Financial Results koreabizwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreabizwire.com Daily Mail and Mail on Sunday newspapers.
Fortinet Reports Strong Financial Performance in Q4 2023 infotechlead.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from infotechlead.com Daily Mail and Mail on Sunday newspapers.
Fortinet, Inc. (NASDAQ:FTNT) Q4 2023 Earnings Call Transcript February 6, 2024 Fortinet, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good day and thank you for standing by. Welcome to the Fortinet Fourth Quarter 2023 Earnings Announcement. [Operator Instructions] […]
Wedbush analyst Daniel Ives maintained Fortinet with an Outperform and raised the price target from $75 to $86. Susquehanna analyst Anne Meisner maintained Fortinet with a Neutral and raised the price target from $55 to $80.