The Latest Breaking News from Fortinet

As cyber threats escalate globally, cybersecurity companies are becoming increasingly attractive to investors. Amid this backdrop, it could be wise to keep an eye on cybersecurity companies like Palo Alto Networks (PANW), CrowdStrike Holdings (CRWD), and Fortinet (FTNT), which are well-positioned to benefit from the growing demand. Read more….

This cybersecurity stock is adding to its earnings gap-up gains. Profit grew 50% in its most recent quarter.

Futures added to a new market rally attempt thanks to Bank of Japan comments. Nvidia partner Super Micro was a big earnings loser.

Cybersecurity firm Fortinet reported second-quarter earnings, revenue and billings above Wall Street analyst estimates.

With Fortinet gearing up to release its second-quarter earnings results next month, analysts project a single-digit profit growth.

The software security industry is rapidly expanding, driven by the heavy dependence of organizations on cloud services for operations and growing cybersecurity concerns. Thus, it could be wise to look into quality cybersecurity stocks, Fortinet (FTNT), Check Point Software Technologies (CHKP), and Clear Secure (YOU). Keep reading….

The cybersecurity sector is poised for growth despite rising cybercrimes, geopolitical tensions and conflicts as governments and the private sector increasingly rely on the cloud for data storage and transfer.

While Fortinet has lagged behind the Nasdaq Composite, Wall Street analysts remain cautiously optimistic about the stock’s prospects.

Firms should consider a platform approach, as that will simplify and consolidate their security architecture.