Fortinet projects quarterly revenue above estimates
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Fortinet has projected its quarterly revenue to exceed Wall Street estimates, driven by increased demand for its cybersecurity products as clients seek to protect their digital operations from rising online threats.
February 06, 2025 | 10:00 pm
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Fortinet has projected its quarterly revenue to surpass Wall Street estimates due to increased demand for its cybersecurity products amid rising online threats.
The news indicates a positive outlook for Fortinet's financial performance, as the company expects to exceed revenue expectations. This is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100