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Fortinet Sales Growth Slows as Enterprise Deals Get Delayed
Aug. 4, 2023, 1:23 a.m. |
BankInfoSecurity.com RSS Syndication www.bankinfosecurity.com
A delay in finalizing enterprise deals and a shorter average contract duration have forced Fortinet to lower its sales forecast going forward. The Silicon Valley-based platform security vendor said average contract length shortened from 29.5 months to 28 months in the fiscal quarter ended June 30.
contract deal deals enterprise forecast fortinet forward growth length platform platform security sales security security vendor silicon silicon valley valley vendor
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