Fortinet Reports First Quarter 2018 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/20/2026
- US stock futures steady after tech slump; investors focus on Middle East tensions
- U.S. Treasury doubles buyback operation size for long-dated bonds
- Marvell shares jump after giving Google warrants amid custom chip deal
- U.S. debt tops $40 trillion
- Nvidia credit risk gauge hits new peak as SoftBank readies record bond issue
- Marvell issues Google warrant tied to custom chip deal
- FOMC minutes from July 28-29th meeting
- US stock futures steady after tech slump; investors focus on Middle East tensions
- Lowe's Cos. (LOW) Tops Q2 EPS by 17c, Misses on Revenue; Offers Fy27 Guidance
- Deutsche Bank calls Treasury buyback doubling similar to ’operation twist’
Fortinet (FTNT) PT Raised to $65 at FBN Securities
May 4, 2018 11:21 AM EDTFBN Securities raised its price target on Fortinet (NASDAQ: FTNT) to $65.00 (from $60.00) while maintaining an Outperform rating following results.
Analyst Shebly Seyrafi commented, "We retain our Outperform rating on FTNT and raise our PT from $60 to $65. The company reported a FQ1 revenue and billings beat and is guiding in-line/above consensus for FQ2. We are particularly impressed by the acceleration in product revenue growth to 6% Y/Y from 2%... More
Fortinet (FTNT) PT Raised to $59 at RBC Capital
May 4, 2018 8:38 AM EDTRBC Capital raised its price target on Fortinet (NASDAQ: FTNT) to $59.00 (from $55.00) while maintaining a Sector Perform rating.
... MoreFortinet (FTNT) Tops Q1 EPS by 9c; Guides Above
May 3, 2018 4:27 PM EDTFortinet (NASDAQ: FTNT) reported Q1 EPS of $0.33, $0.09 better than the analyst estimate of $0.24. Revenue for the quarter came in at $399 million versus the consensus estimate of $390.36 million.
GUIDANCE:
Fortinet sees Q2 2018 EPS of $0.34-$0.36, versus the consensus of $0.34. Fortinet sees Q2... More
