Fortinet Q2 Earnings Boosted By High-End Security

By | July 24, 2014

Scalper1 News

Fortinet (FTNT) stock rose more than 6.5% to near 25.50 in afternoon trading in the stock market today after the network security services provider late Wednesday posted Q2 revenue above analyst expectations. Fortinet stock Thursday touched a 22-month high and is up more than 30% in 2014. The company late Wednesday reported a 25% increase in revenue, to $184 million, and a 33% increase in billings, to $213 million, helped by strong demand for its Scalper1 News

Scalper1 News