Fortinet shares plunge more than 24% after earnings despite improved outlook
Fortinet reported adjusted earnings of 91 cents a share and improved its fourth-quarter and full-year outlook. Shares fell more than 24% in after-hours trading after closing the regular session down 5.9%.
By Liz MoyerShares of cybersecurity firm Fortinet sank in after hours trading despite an improved outlook for the fourth quarter and the year.The stock was down more than 24% in late trading after closing the regular session down 5.9%.The company reported adjusted earnings of 91 cents a share and r…