Fortinet Inc. (FTNT) reported second quarter non-GAAP EPS of $0.11 after the bell Wednesday, which beat the consensus estimate of $0.09.
Fortinet gapped open sharply higher Thursday, but traded in a range for the majority of the session. The stock ended the day with a gain of 4.53 at $46.83, with volume at a 3-month high. Fortinet broke out of a 5-week trading range and set a new high for the year.
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