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Benzinga
Benzinga
Business
Dylan Berman

Fortinet Stock Is Trading Lower Thursday: What's Going On?

Ottawa,,On,,Canada,-,October,15,,2023:,Fortinet,Technologies,Logo

Fortinet, Inc. (NASDAQ:FTNT) shares are trading lower Thursday after the company reported second quarter financial results on Wednesday after the market closed.

What To Know: The company reported adjusted earnings per share of 64 cents, beating the consensus estimate of 59 cents. In addition, Fortinet reported sales of $1.63 billion, beating the consensus estimate of $1.62 billion.

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