Needham & Company Reiterated Buy on Fortinet (FTNT) Despite Competitor Downgrades

After-Hours Stock Movers 01/28: (GIMO) (QLGC) (FTNT) Higher; (AMZN) (QSII) (EA) Lower (more...)

January 28, 2016 5:50 PM EST

Gigamon, Inc. (NYSE: GIMO) 14% HIGHER; reported Q4 EPS of $0.29, $0.06 better than the analyst estimate of $0.23. Revenue for the quarter came in at $67 million versus the consensus estimate of $62.76 million.

Amazon.com (NASDAQ: AMZN) 12.3% LOWER; reported Q4 EPS of $1.00, $0.56 worse than the analyst estimate of $1.56. Revenue was $35.75 billion, with the consensus at $35.9 billion. Net sales are expected to be between $26.5 billion and $29.0 billion, or to grow between 17% and 28% compared with first quarter 2015. (The Street sees Q1 revenue of $27.7... More

Fortinet (FTNT) Approves $200M Buyback

January 28, 2016 4:38 PM EST

Fortinet® (NASDAQ: FTNT) -- the global leader in high-performance cybersecurity solutions -- today announced that its Board of Directors has authorized a new share repurchase program of up to $200 million through December 31, 2017. Share repurchases may be made by the company from time to time in... More

Fortinet (FTNT) Reports In-Line Q4 EPS

January 28, 2016 4:16 PM EST

Fortinet (NASDAQ: FTNT) reported Q4 EPS of $0.18, in-line with the analyst estimate of $0.18. Revenue for the quarter came in at $296.5 million versus the consensus estimate of $296.22 million.

Billings of $380.9 million, up 35% year over year.

"Fortinet's solid fourth quarter results help... More

Trading Radar for 1/28: Microsoft (MSFT), Amazon (AMZN), Visa (V), Alibaba (BABA), Caterpillar (CAT), Ford (F), Under Armour (UA) Report

January 27, 2016 2:43 PM EST

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EST

Initial Claims - Street sees 285kContinuing Claims - Street sees 2.230MDurable Orders - Street sees (0.5%)

Earnings:

1-800-FLOWERS.com (Nasdaq: FLWS) - consensus loss $0.89
AU Optonics (NYSE: AUO) - consensus loss $0.01
Abbott (NYSE: ABT) - consensus loss $0.61
Airgas (NYSE: ARG) - consensus loss $1.18... More