Fortinet’s Earnings Beat Augurs Barnburner Returns as AI Security Threats Mount

Fortinet’s Earnings Beat Augurs Barnburner Returns as AI Security Threats Mount

The HAL 9000 nightmare is manifesting as agentic ransomware and AI models capable of sophisticated hacking.  For cybersecurity firms like Fortinet, however, that’s an ideal growth market. Shares in the Sunnyvale, Calif.-based company rose an eye-popping 20% Thursday, a day after executives reported an earnings beat after the bell. Analysts say investors can expect a lot more value where that came from. Securing Growth  Fortinet makes custom chip…

Fortinet Stock Is Soaring. Its Earnings Results Put Software Apocalypse Fears to Bed.

Shares rocketed over 20%, marked by a hefty double beat on revenue and earnings.