Earnings
Fortinet CEO Says Pricing Has 'Stabilized, But Not Improved' As Inventory Cushion Fades
Ken Xie said the six-month inventory buffer is gone, component lead times are longer and price increases have slowed.
Fortinet (FTNT) news from Bullished: SEC filings, earnings, insider trades and deals, explained in plain English with links to the source documents.
Earnings
Ken Xie said the six-month inventory buffer is gone, component lead times are longer and price increases have slowed.
Earnings
CFO Christiane Ohlgart defended a better 2027 for services against analyst doubts, citing service billings up 26% in the third quarter.
Earnings
Third-quarter revenue grew 20% to $2.08 billion, and the buyback authorization was increased by $1.2 billion.