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Cloudflare and Fortinet stocks soar after strong Q4 earnings: key takeaways for investors
Shares of Cloudflare and Fortinet were surging on Friday after both companies delivered better-than-expected fourth-quarter earnings, boosting investor confidence in the cybersecurity sector. Cloudflare stock was up by 11.
Fortinet (FTNT) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
For the quarter ended December 2024, Fortinet (FTNT) reported revenue of $1.66 billion, up 17.3% over the same period last year. EPS came in at $0.74, compared to $0.51 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $1.
Fortinet shares jump after Q4 beat estimates, issues in-line guidance
Fortinet Inc (NASDAQ:FTNT) reported fourth-quarter earnings that topped Wall Street estimates with company posted per share earnings of $0.74, versus analysts’ expectations of $0.61. Revenue for the quarter came in at $1.
2h
on MSN
Cloudflare, Fortinet Stocks Jump. What DeepSeek and Tariffs Mean for Cybersecurity Names.
Shares in Cloudflare and Fortinet were rising Friday after both companies reported better-than-expected fourth-quarter ...
21h
Fortinet projects quarterly revenue above estimates
Fortinet forecast its full-year revenue above Wall Street estimates on Thursday, as clients turn to its cybersecurity ...
2h
Fortinet price target raised to $135 from $115 at Scotiabank
Scotiabank analyst Patrick Colville raised the firm’s price target on Fortinet (FTNT) to $135 from $115 and keeps an Outperform rating on the ...
CRN
18h
Fortinet: SASE, SecOps Now Driving $1.5B In ARR
Fortinet reported that ARR for its SASE and security operations businesses climbed above $1.5 billion for its Q4 2024 ...
13h
Fortinet (FTNT) Q4 2024 Earnings Call Transcript
Welcome to the Fortinet fourth quarter 2024 earnings announcement conference call. At this time, all participants are in a ...
3h
Fortinet price target raised to $125 from $105 at Truist
Truist raised the firm’s price target on Fortinet (FTNT) to $125 from $105 and keeps a Buy rating on the shares. The company’s Q4 results were ...
12h
Fortinet (NASDAQ:FTNT) Hits New 1-Year High Following Analyst Upgrade
Fortinet, Inc. (NASDAQ:FTNT – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Wednesday after Cantor Fitzgerald raised their price target on the stock from $95.00 to ...
10h
Fortinet Inc (FTNT) Q4 2024 Earnings Call Highlights: Record Margins and Revenue Growth Amid ...
Fortinet Inc (FTNT) reports a robust quarter with record operating margins and revenue growth, while navigating potential ...
Network World
1d
Fortinet targets branch offices with upgraded firewalls
New FortiGate G-series next-gen firewalls feature boosted performance and support for Fortinet's FortiAI generative AI ...
18h
Cyber roundup: Fortinet, Cloudflare and Qualys report strong earnings and revenue growth
Cloud and cybersecurity companies Fortinet Inc., Cloudflare Inc. and Qualys Inc. all reported earnings and revenue beats for ...
4h
Fortinet rises after 'solid' Q4, improving refresh cycle
Fortinet's (FTNT) stock rose about 5% after fourth quarter results beat estimates, which largely drew positive comments from ...
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