Shares of Fortinet, Inc. (NASDAQ: FTNT) rose sharply in today’s pre-market trading after the company reported better-than-expected fourth-quarter financial results and issued guidance.
Fortinet reported quarterly earnings of 51 cents per share, which beat the analyst consensus estimate of 43 cents by 18.6%. The company reported quarterly sales of $1.42 billion, beating the analyst consensus estimate of $1.41 billion.
Fortinet anticipates full-year 2024 revenue between $5.71 billion and $5.81 billion and an adjusted EPS of $1.65 to $1.70.
Fortinet shares gained 9.4% to $73.80 in pre-market trading
Here are some other stocks moving in pre-market trading.
Gainers
MariaDB plc (NYSE: MRDB) gained 125.2% to $0.5423 in pre-market trading after jumping more than 26% on Tuesday.
Psyence Biomedical Ltd. (NASDAQ: PBM) shares jumped 41.2% to $2.19 in pre-market trading after gaining around 9% on Tuesday.
Griid Infrastructure Inc. (NASDAQ: GRDI) gained 27.4% to $2.70 in pre-market trading after gaining over 4% on Tuesday.
Solidion Technology Inc. (NASDAQ: STI) shares gained 20.8% to $2.50 in pre-market trading after dipping over 30% on Tuesday.
Zapp ...
Related tickers: FUBO, MDVL, PBM, MRDB, AEY, ZAPP, PLUS, AIRE, STI, GRDI, FTNT, ONCO, NYCB, SUNW, TENX, YUMC, SNES, YTEN, SNAP, REKR.
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