Fortinet Shares Rally After Earnings Beat Street View

By Wallace WitkowskiMarketsMarketWatch Pulse

Fortinet Inc. shares jumped in the extended session Tuesday after the cybersecurity company topped Wall Street estimates for the quarter. Fortinet shares surged 9.1% to $33.75 after hours. The company reported adjusted earnings of 12 cents a share on revenue of $284.6 million. Analysts surveyed by FactSet had estimated earnings of 9 cents a share on revenue of $273.5 million.

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