FTNT - Fortinet's Mixed Q3 Results Sends Stock Falling After-Hours - Here's Why | Benzinga
Fortinet, Inc. (NASDAQ: FTNT) shares are trading lower in Thursday's after-hours session following the company's third-quarter financial results. Here are the details.
What To Know: Fortinet reported quarterly earnings of 41 cents per share which beat the analyst consensus estimate of 36 cents, a 24.24% increase over earnings of 33 cents per share from the same period last year.
The company reported quarterly sales of $1.33 billion, which missed the analyst consensus estimate of $1.35 billion, a 16.05% increase over sales of $1.15 billion in the same period last year.
In addition, total billings were $1.49 billion, an increase of 5.7% compared ...