Fortinet shares rise in late trading on solid earnings beat

Shares in Fortinet Inc. rose in late trading after the cybersecurity company beat estimates in its latest quarterly earnings report. For the quarter ended March 31, Fortinet reported a profit before costs such as stock compensation of $155.1 million, or 94 cents per share, up from $164.2 million, or 81 cents per share, in the […]

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