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Fortinet Targets 45% Growth-Margin Combo, $450 Million Refresh Boost: Analysts See Big Upside

By Yahoo! Finance   |   Nov 19, 2024 at 04:19 PM EST
Fortinet Targets 45% Growth-Margin Combo, $450 Million Refresh Boost: Analysts See Big Upside

Fortinet unveiled its "Rule of 45" target, aiming for a revenue growth and operating margin total exceeding 45%. The company projects strong growth in revenue and margins, backed by customer adoption of its solutions and strategic initiatives.

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