Strong Growth and Weak Guidance for Fortinet

Strong Growth and Weak Guidance for Fortinet

Cybersecurity company Fortinet (NASDAQ: FTNT) reported its third-quarter results after the market closed on Oct. 26. Both revenue and profits surged, driven by strong double-digit growth in service revenue, and free cash flow generation doubled. The company's guidance was a touch on the light side, though, with revenue growth expected to slow down during the fourth quarter. Here's what investors need to know about Fortinet's third-quarter results.

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Q3 2017

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Source: Fool.com