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June 9, 2024 at 3:50 AM. Shares of Fortinet(NASDAQ: FTNT) are down 27% from their 52-week high. The sell-off stems from a string of weaker-than-expected results and slowing sales over the past ...
Fortinet's SASE category accounts for nearly 25% of its revenue, and it's expanding rapidly. The company reported 24% year-over-year growth in service revenue last quarter, and it's forecasting 18 ...
Fortinet, Inc. is a cybersecurity company with headquarters in Sunnyvale, California. The company develops and sells security solutions like firewalls, endpoint security and intrusion detection systems. Fortinet has offices located all over the world. Brothers Ken Xie and Michael Xie founded Fortinet in 2000.
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Nasdaq-100. The Nasdaq-100 ( ^NDX [2]) is a stock market index made up of equity securities issued by 100 of the largest non-financial companies listed on the Nasdaq stock exchange. It is a modified capitalization-weighted index. The stocks' weights in the index are based on their market capitalizations, with certain rules capping the influence ...
Fortinet (FTNT) closed at $59.87 in the latest trading session, marking a +1.47% move from the prior day.
Nvidia Corporation (/ ɛ n ˈ v ɪ d i ə /, en-VID-ee-ə) is an American multinational corporation and technology company headquartered in Santa Clara, California, and incorporated in Delaware.
Fortinet's adjusted EPS rose 37% in 2023, but it expects just 6%-10% growth in 2024 as it ramps up its spending on its development of new ASIC chips. Palo Alto Networks trades at 48 times forward ...
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