its latest results. The company offered 2023 guidance on adjusted earnings before interest, taxes, depreciation, and amortization that was lower than analysts' expected, according to FactSet The telecommunications company topped per-share earnings and sales expectations, according to consensus estimates from Refinitiv.
— Shares surged more than 14% in extended trading after Fortinet surpassed earnings per share expectations, according to StreetAccount. The cybersecurity company posted 44 cents per share, greater than the expected 39 cents per share. However, the cybersecurity company slightly missed revenue estimates, posting $1.28 billion, lower than the predicted $1.3 billion.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Chipotle Mexican Grill misses expectations for earnings, revenue and same-store salesThe burrito chain has been raising prices to offset higher food and labor costs. Are you ever gonna cover how many manipulated the market is? How can you miss earnings expectations when a huge part of the reason is the fact that your stores are never properly stocked with the ingredients needed to make the food? Wouldn't that tell you something? Cause they suck!
Source: CNBC - 🏆 12. / 72 Read more »
Chipotle stock falls after 'tightening' consumer spending leads to second earnings miss in five yearsShares of Chipotle Mexican Grill Inc. fell after hours on Tuesday after the fast-casual Mexican chain reported fourth-quarter results that missed expectations. this is the reason:
Source: MarketWatch - 🏆 3. / 97 Read more »
Stocks making the biggest moves midday: Chegg, Hertz and Oak Street HealthThese are the stocks posting the biggest moves during midday trading. CINF
Source: CNBC - 🏆 12. / 72 Read more »