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Fortinet forecasts weak fourth-quarter revenue, leading to a drop in shares. The network security vendor's Q3 financial results showed growth in SASE but disappointed investors in firewall sales. This dour forecast signals a slowdown in cybersecurity spending, causing Fortinet and its rivals' shares to tumble. However, after several days of losses, Fortinet is seeing renewed interest from investors.
Fortinet’s Stock Price Heading Back Upward: https://t.co/fEfU2xAWeN After several days of losses following its latest financial report, the network security vendor is seeing renewed interest from investors. $FTNT
Bumble forecasts weak fourth-quarter revenue, shares fall https://t.co/HgKu4N30we https://t.co/6kHBYWWnxH
Fortinet Stock Price Plunges Amid ‘Slowdown’ In Firewall Sales: https://t.co/sz8dPl92Sp The network security vendor’s stock price dropped after releasing its Q3 financial results, which showed growth in SASE but disappointed investors in firewall sales. $FTNT
$FTNT (-19.5% pre) Fortinet, rivals tumble as dour forecast signals slowing cybersecurity spending https://t.co/IhurTnyPcA
Fortinet forecasts weak fourth-quarter revenue, shares drop https://t.co/253LHHoPKh https://t.co/90lenYvxom
Fortinet forecasts weak fourth-quarter revenue, shares drop https://t.co/8cVzp0S3na https://t.co/2uUzG1PFN2