Fortinet, rivals fall on concerns around cybersecurity spending
© Reuters. 3D printed models of people working on computers and padlock are seen in front of a displayed CYBER ATTACK words and binary code in this picture illustration taken, February 1, 2022. REUTERS/Dado Ruvic/Illustration
"We thought sentiment reflected an expectation for a miss/ guide down, but the magnitude was even worse than our bogeys," said Raymond James analysts. Growth is also slowing in some parts of the company's business as demand normalizes after two years of rapid gains during the pandemic.
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