Fortinet forecast its full-year revenue above Wall Street estimates on Thursday, as clients turn to its cybersecurity products to protect their digital operations from rising online threats.
Fortinet Inc FTNT will be reporting its fourth-quarter earnings on Thursday. Wall Street expects 61 cents in EPS and $1.59 billion in revenues as the company reports after market hours.
FTNT's Q4 2024 earnings are likely to have been aided by the steady growth of Security Fabric, cloud and SD-WAN offerings, making it worth buying for investors.
Beyond analysts' top -and-bottom-line estimates for Fortinet (FTNT), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.
Fortinet (FTNT) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Fortinet Inc (NASDAQ:FTNT) hit a record high of $102.17 today after breaking past recent pressure at the $100 level.
Fortinet (FTNT) closed at $99.31 in the latest trading session, marking a -0.52% move from the prior day.
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FTNT is revolutionizing cybersecurity with innovative solutions and a robust product portfolio, gaining increased customer adoption.
Fortinet's recurring revenue model drives consistent growth and improves financial predictability. The company's cash flow margins are strong, beating out a lot of its competitors. Partnerships and solid products are helping Fortinet grow in industries like healthcare and finance.
In the closing of the recent trading day, Fortinet (FTNT) stood at $98.24, denoting a +1.07% change from the preceding trading day.