More on Fortinet's Q3: Deferred revenue rose by $8.7M Q/Q to $340.1M, and billings rose 22% Y/Y...


More on Fortinet's Q3: Deferred revenue rose by $8.7M Q/Q to $340.1M, and billings rose 22% Y/Y to $145M (above revenue of $136.3M). But the company is guiding for Q4 revenue of $142M-$146M and EPS of $0.15, below a consensus of $146.2M and $0.16. That's a major problem given shares were all but priced for perfection. The pending departure of well-respected CFO Ken Goldman to Yahoo is likely heightening concerns. FTNT -17.6% AH. FIRE -1%. (PR)

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs