Fortinet Inc
FTNT: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|<f | LOCK|d< | LOCK|@jgNp& |
Fortinet Earnings: Growth Beyond Firewalls Remains Key Value Driver; Shares Undervalued
Fortinet's solid third-quarter financial results included sales growing 14% to $1.7 billion and adjusted earnings per share growing 17% to $0.74. The firm's nascent secure access service edge and security operations solutions gained traction, contributing 37% of quarterly billings.
