Fortinet saw an "unusually large volume of deals" pushed out beyond the June quarter, its chief financial officer said Thursday.
Fortinet Inc. saw an “unusually large volume of deals” pushed out beyond the June quarter, its chief financial officer said Thursday, and that commentary was weighing on the broader cybersecurity sector.
While... Fortinet Inc. saw an “unusually large volume of deals” pushed out beyond the June quarter, its chief financial officer said Thursday, and that commentary was weighing on the broader cybersecurity sector. While Fortinet’s adjusted earnings per share of 38 cents topped the 34-cent FactSet consensus and its $1.29 billion in revenue essentially matched the consensus view, the company came up shy on billings in the second quarter. That metric came in at $1.54 billion, while analysts had been modeling $1.59 billion.
Shares of the company fell nearly 16% in after-hours trading Thursday, while peer names logged steep drops as well. Palo Alto Networks Inc. shares PANW were off more than 6%, while CrowdStrike Holdings Inc. CRWD and Zscaler Inc. ZS shares each declined more than 2%.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Fortinet cuts revenue forecast on weak IT spending, shares plummetCybersecurity firm Fortinet cut its annual revenue forecast on Thursday as spending from enterprise clients remained tight amid a turbulent economy, sending its shares down more than 17% after the bell.
続きを読む »
DCS to relaunch Child Safety Program this ThursdayWith the school year approaching and a lot more buses ready to hit the road. Dothan City Schools is relaunching their Child Safety Program starting Thursday, August 3.
続きを読む »
Job openings drop to 2-year low in June but labor market still tightThe Labor Department says job openings fell to 9.6 million in June, the lowest since April 2021 but well above pre-pandemic levels in a sign the job market remains tight.
続きを読む »
Here's where to snag hoppy San Antonio-made brews this Thursday for National IPA DayIPAs from Roadmap Brewing, Free Roam and Gather Brewing will flow all day to celebrate the beer-lovers' 'holiday.' SanAntonio SATX SanAntonioTX TexasBeer CraftBeer NationalIPADay TexasBreweries
続きを読む »