Fortinet shares are trading higher after the company reported better-than-expected Q2 financial results and issued Q3 and FY24 guidance above estimates.
Portfolio Pulse from Benzinga Newsdesk
Fortinet shares are trading higher after the company reported better-than-expected Q2 financial results and issued Q3 and FY24 guidance above estimates.
August 06, 2024 | 8:41 pm
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Fortinet shares are trading higher after the company reported better-than-expected Q2 financial results and issued Q3 and FY24 guidance above estimates.
The better-than-expected Q2 financial results and the raised guidance for Q3 and FY24 are strong positive indicators for Fortinet's future performance. This is likely to boost investor confidence and drive the stock price higher in the short term.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100