Fortinet, Inc. (FTNT) released a profit for third quarter that Drops, from last year
The company's earnings came in at $473.9 million, or $0.62 per share. This compares with $539.9 million, or $0.70 per share, last year.
Excluding items, Fortinet, Inc. reported adjusted earnings of $561.0 million or $0.74 per share for the period.
The company's revenue for the period rose 14.7% to $1.72 billion from $1.50 billion last year.
Fortinet, Inc. earnings at a glance (GAAP) :
-Earnings: $473.9 Mln. vs. $539.9 Mln. last year.-EPS: $0.62 vs. $0.70 last year.-Revenue: $1.72 Bln vs. $1.50 Bln last year.
-Guidance:Next quarter EPS guidance: $0.73 - $0.75Next quarter revenue guidance: $1.825 - $1.885 BlnFull year EPS guidance: $2.66 - $2.70Full year revenue guidance: $6.720 - $6.780 Bln
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.