Fortinet Inc

FTNT: XNAS (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
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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.

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