Reported about 7 hours ago
Fortinet has announced that it expects its annual revenue to surpass Wall Street estimates, resulting in a 12% increase in its share price. The rise is attributed to heightened client investments in cybersecurity products in response to increasing digital threats and advanced cyberattacks. The company anticipates revenue between $6.65 billion and $6.85 billion for fiscal 2025, compared to analysts' expectations of $6.63 billion.
Source: YAHOO