Should You Buy Fortinet Inc. On Its Double-digit Drop?

Cybersecurity firm Fortinet (NASDAQ: FTNT) has fallen 13% over the past month, with most of the decline occurring after it pre-announced its third quarter earnings on Oct. 11. The numbers initially looked decent -- the company expects revenue to rise 20% to 22% annually, while billings should improve 14% to 16%.

Topics:  fortinet nasdaq   ftnt    oct   images   image   

 

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