BUZZ-Fortinet rises on upbeat annual revenue forecast
Fortinet, Inc. +1.19% Post
Fortinet, Inc. FTNT | 79.64 79.64 | +1.19% 0.00% Post |
** Shares of cybersecurity firm Fortinet FTNT.O up ~6% at $83.40 after the bell
** Co forecasts annual revenue largely above Wall Street expectations, signaling strong enterprise spending on its cybersecurity services
** Expects annual revenue between $7.5 billion and $7.7 billion, compared with estimates of $7.51 billion, per data compiled by LSEG
** Sees annual adjusted EPS between $2.94 and $3.00, compared with estimates of $2.94
** Q4 revenue of $1.91 billion, beating estimates of $1.86 billion
** Stock fell ~16% in 2025
