Fortinet Inc
FTNT: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|>^ | LOCK|Zqh | LOCK|%?qpX^> |
Fortinet Earnings: Diversifying Sales Beyond Firewalls Remains a Key Growth Lever
Fortinet reported solid second-quarter earnings, with revenue of $1.63 billion, up 14% year over year, and adjusted earnings per share of $0.64, up 11% year over year. The firm's SASE and SecOps offerings continue to drive sales, contributing 35% to the firm's billings in the quarter.
