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Fortinet's Firewall Refresh and Enterprise Deals Drive Growth, Analysts Highlight Upsell Potential

Benzinga LogoBenzinga11h ago

Fortinet's Firewall Refresh and Enterprise Deals Drive Growth, Analysts Highlight Upsell Potential - Benzinga

Quick Summary:

Also Read: PayPal Transaction Margins and Payment Volume Drive Growth, Eyes 2025 Growth With Strong TMD Ahead of Investor Day: Analyst

Fortinet expects first-quarter revenue of $1.5 billion-$1.56 billion versus estimates of $1.53 billion.

Needham: Fortinet reported a strong fourth quarter with Billings and Product Revenue well ahead, while guidance was mixed with first-quarter Billings growth of ~11%, modestly below consensus and full-year in-line across the board.


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Article Details

Author / Journalist: Anusuya Lahiri

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-07 @ 18:34:08 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 641 words

Reading Time: 4 minutes read

Sentences: 30 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 25965567

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Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 32 posts per day

Year Established: 2010

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News Last Updated: 9 hours ago

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Publisher ID: #53

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