Needham & Company Cuts Price Target on Fortinet (FTNT) Following 3Q Preannouncement

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Go back to Needham & Company Cuts Price Target on Fortinet (FTNT) Following 3Q Preannouncement

Fortinet Announces Preliminary Third Quarter 2016 Financial Results

October 11, 2016 4:15 PM EDT

SUNNYVALE, CA -- (Marketwired) -- 10/11/16 --

Full Quarterly Results To Be Announced October 27, 2016Company's Share Repurchase Program Increased by $100 Million

Fortinet® (NASDAQ: FTNT), a global leader in high performance cyber security solutions, today announced preliminary financial results for the third quarter ended September 30, 2016.

Based on preliminary financial information, Fortinet expects total billings1 to be in the range of $343 million to $348... More