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Fortinet Stock Hits Buy Point As Q4 Results Break Awful Streak

Fortinet Stock Hits Buy Point As Q4 Results Break Awful Streak
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Fortinet (NASDAQ:FTNT) Posts Quarterly Earnings Results, Beats Estimates By $0.08 EPS

Fortinet (NASDAQ:FTNT – Get Free Report) issued its quarterly earnings results on Monday. The software maker reported $0.51 EPS for the quarter, topping analysts’ consensus estimates of $0.43 by $0.08, Briefing.com reports. Fortinet had a return on equity of 791.78% and a net margin of 21.64%. The company had revenue of $1.42 billion for the […] ....

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Fortinet (NASDAQ:FTNT) Issues Q1 Earnings Guidance

Fortinet (NASDAQ:FTNT – Get Free Report) issued an update on its first quarter earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $0.37-0.39 for the period, compared to the consensus estimate of $0.37. The company issued revenue guidance of $1.30-1.36 billion, compared to the consensus revenue estimate of $1.37 billion. […] ....

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State Board of Administration of Florida Retirement System Has $42.52 Million Stake in Fortinet, Inc. (NASDAQ:FTNT)

State Board of Administration of Florida Retirement System trimmed its position in Fortinet, Inc. (NASDAQ:FTNT – Free Report) by 0.5% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 724,546 shares of the software maker’s stock after selling 3,410 shares during the period. State Board of Administration […] ....

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Fortinet (NASDAQ:FTNT) Earns Neutral Rating from Cantor Fitzgerald

Fortinet (NASDAQ:FTNT – Get Free Report)‘s stock had its “neutral” rating restated by equities research analysts at Cantor Fitzgerald in a report issued on Wednesday, Benzinga reports. They presently have a $75.00 price target on the software maker’s stock, up from their prior price target of $50.00. Cantor Fitzgerald’s price target indicates a potential upside […] ....

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