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Fortinet shares rise after beating analysts’ predictions

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Shares in Fortinet Inc. rose slightly in after-hours trading after the cybersecurity company beat analysts’ predictions for its third-quarter earnings. For the quarter ended Sept. 30, Fortinet reported revenue rose 19% from a year ago, to $651.1 million. Profit before costs such as stock compensation rose 31%, to 88 cents per share. Analysts had been predicting a …

The post Fortinet shares rise after beating analysts’ predictions appeared first on World Consulting Group.


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