Off-topic for aiqbench
This story was gathered from a source we follow but falls outside AI and quantum coverage, so there is no aiqbench take for it.
Fortinet plunges 26% after-hours and takes Tenable with it as Gen Digital rises
A better-than-expected third quarter did nothing to stop shares in network security company Fortinet Inc. from falling about 26% in after-hours trading today. Tenable Holdings Inc., which also topped forecasts, was caught in the selloff that followed across cybersecurity stocks. Shares in consumer security company Gen Digital Inc. rose instead, after its own results came […] The post Fortinet plunges 26% after-hours and takes Tenable with it as Gen Digital rises appeared first on SiliconANGLE.
A better-than-expected third quarter did nothing to stop shares in network security company Fortinet Inc. from falling about 26% in after-hours trading today. Tenable Holdings Inc., which also topped forecasts, was caught in the selloff that followed across cybersecurity stocks. Shares in consumer security company Gen Digital Inc. rose instead, after its own results came in ahead of expectations. For its third quarter, which ended on Sept. 30, Fortinet reported adjusted earnings of 91 cents per share, up from 74 cents a year earlier, on revenue of $2.08 billion, up 20% year-over-year. Analysts were expecting 86 cents per…
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