's (NASDAQ: FTNT) stock dropped 12% on Nov. 3 after the cybersecurity specialist posted a mixed third-quarter report. Its revenue rose 16% year over year to $1.33 billion but missed analysts' estimates by $20 million. Its adjusted earnings grew 24% to $0.41 per share and cleared the consensus forecast by $0.05 per share.

Fortinet's headline numbers weren't terrible, but the company rattled shareholders with a big reduction in its full-year guidance. Does that warning indicate it's too late to buy Fortinet's stock?

Image source: Getty Images.

Continue reading

Source Fool.com