Fortinet's shares closed regular trading Friday down $18.99 each, or 25%, to $56.77 a piece. Earlier in the day, they were down as much as $19.66 each to $56.10.

Fortinet said Tuesday that it expects sales, billings and earnings for its third quarter to be lower than Wall Street estimates, an announcement that builds on a year of reorganizations and ...

For the full-year, Fortinet now expects sales to fall within a range of $5.35 billion to $5.45 billion, down from a prior view of $5.43 billion to $5.49 billion. IANS Published On Aug 27, 2023 at ...

Fortinet has made cuts to employees in roles related to sales, business development and channel partners. Some of the affected employees of the Sunnyvale, Calif.-based security vendor took to ...