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Stock impact report

This Supercharged Stock Has Jumped 70% Since August, but Can It Sustain Its Magnificent Rally? [Yahoo! Finance]

Fortinet, Inc. (FTNT) 
Last fortinet, inc. earnings: 2/6 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.fortinet.com
Company Research Source: Yahoo! Finance
The move comes on the heels of a string of solid quarterly results that have supercharged the cybersecurity specialist's fortunes on the stock market. When Fortinet released third-quarter 2024 results in early August, the better-than-expected numbers sent the stock soaring . The company's improved guidance was the icing on the cake as investors cheered its improving margin profile and the growing revenue pipeline. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » A similar scenario unfolded when Fortinet released its third-quarter results after the market closed on Nov. 7, with shares of the company jumping almost 10% the following day. Let's see why that was the case and check if this cybersecurity stock is capable of sustaining its red-hot bull run. Fortinet delivered Q3 revenue of $1.51 billion, an increase of 13% from the same period last year, which was slightly higher than analysts' expectations of $1.48 billion i Show less Read more
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