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Zacks News
Shopify's (SHOP) Q2 Earnings to Gain From Strong Merchant Base
by Zacks Equity Research
Shopify's (SHOP) second-quarter 2023 performance is expected to have benefited from an expanding merchant base.
Fortinet (FTNT) to Report Q2 Earnings: What's in the Offing?
by Zacks Equity Research
Fortinet's (FTNT) second-quarter 2023 earnings are likely to have been aided by the strong adoption of Security Fabric, cloud and SD-WAN offerings.
ServiceNow (NOW) Q2 Earnings Beat Estimates, Revenues Up Y/Y
by Zacks Equity Research
ServiceNow's (NOW) second-quarter 2023 results reflect strong uptake of the company's digital workflow and solid subscription revenues.
Meta Platforms' (META) Q2 Earnings Beat, Revenues Up Y/Y
by Zacks Equity Research
Meta Platforms' (META) second-quarter 2023 performance benefits from higher advertising revenues and ad impressions.
Plexus (PLXS) Surpasses Q3 Earnings Estimates
by Zacks Equity Research
Plexus (PLXS) delivered earnings and revenue surprises of 14.78% and 0.37%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?
Amphenol's (APH) Q2 Earnings Beat Estimates, Revenues Down Y/Y
by Zacks Equity Research
Amphenol's (APH) Q2 results reflect sluggish IT datacom, mobile networks and mobile devices end markets, which hurt top-line growth.
3 Internet Software Stocks to Buy From a Prospering Industry
by Aniruddha Ganguly
The Zacks Internet software industry participants like Meta (META), Fortinet (FTNT) and Palo Alto Networks (PANW) are benefiting from high demand for SaaS due to the increasing need for remote working, learning and diagnosis software, as well as cybersecurity applications.
F5 (FFIV) Q3 Earnings Show Positive Signs in Software Demand
by Zacks Equity Research
F5's (FFIV) whopping 32% sequential increase in third-quarter Software revenues is mainly driven by the acceleration in BIG-IP and NGINX subscription software deals.
Logitech (LOGI) Q1 Earnings Hurt by Soft PC Peripheral Demand
by Zacks Equity Research
While the softened demand hurts Logitech's (LOGI) Q1 top line, lower revenues, along with an unfavorable product mix and foreign exchange pressure, weigh on the bottom line.
Will Higher Ad Revenues Aid Meta Platforms (META) Q2 Earnings?
by Zacks Equity Research
Meta Platforms' (META) second-quarter 2023 results are expected to reflect the benefits of improving advertising business.
Is Angi (ANGI) Stock Outpacing Its Computer and Technology Peers This Year?
by Zacks Equity Research
Here is how Angi (ANGI) and Fortinet (FTNT) have performed compared to their sector so far this year.
F5 (FFIV) Soars 11% on Q3 Earnings Beat, Impressive Guidance
by Zacks Equity Research
F5's (FFIV) robust Q3 earnings growth reflects the benefits of higher revenues, price realization and easing supply-chain constraints and related costs.
Soft Product Demand to Hurt Logitech's (LOGI) Q1 Earnings
by Zacks Equity Research
Logitech's (LOGI) Q1 results are likely to be negatively impacted by soft IT spending, which is hurting the demand for its PC peripheral products, including keyboards, PC webcams, video collaboration and pointing devices.
Recovery in Systems Category to Aid F5 (FFIV) Q3 Earnings
by Zacks Equity Research
Recovery in the Systems product category, driven by rapid backlog clearance, is likely to have aided F5's (FFIV) overall performance in the third quarter of fiscal 2023.
Fortinet (FTNT) Stock Sinks As Market Gains: What You Should Know
by Zacks Equity Research
Fortinet (FTNT) closed the most recent trading day at $78.69, moving -1.93% from the previous trading session.
Synopsys (SNPS) Up 45% YTD: Will the Rally Extend Further?
by Zacks Equity Research
Synopsys' (SNPS) stock is likely to sustain the upward momentum, driven by a robust product portfolio and the growing demand for advanced technology, design, IP and security solutions.
Ribbon (RBBN) Expands Clientele With InfiniVAN Addition
by Zacks Equity Research
Ribbon (RBBN) is expanding its clientele with the addition of InfiniVAN, which selected its IP Wave solutions.
Fortinet (FTNT) Surges 64% YTD: Will the Momentum Continue?
by Zacks Equity Research
Fortinet (FTNT) rides high on the increasing adoption of its networking and security platforms amid the growing hybrid working trend.
Here's How Much a $1000 Investment in Fortinet Made 10 Years Ago Would Be Worth Today
by Zacks Equity Research
Investing in certain stocks can pay off in the long run, especially if you hold on for a decade or more.
Is Invesco Dynamic Software ETF (PSJ) a Strong ETF Right Now?
by Zacks Equity Research
Smart Beta ETF report for PSJ
Fortinet (FTNT) Outpaces Stock Market Gains: What You Should Know
by Zacks Equity Research
In the latest trading session, Fortinet (FTNT) closed at $78.25, marking a +1.99% move from the previous day.
Fortinet, Inc. (FTNT) Is a Trending Stock: Facts to Know Before Betting on It
by Zacks Equity Research
Fortinet (FTNT) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Should You Invest in the Invesco Dynamic Software ETF (PSJ)?
by Zacks Equity Research
Sector ETF report for PSJ
Wall Street Bulls Look Optimistic About Fortinet (FTNT): Should You Buy?
by Zacks Equity Research
Based on the average brokerage recommendation (ABR), Fortinet (FTNT) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?
Is Allegro MicroSystems (ALGM) Stock Outpacing Its Computer and Technology Peers This Year?
by Zacks Equity Research
Here is how Allegro MicroSystems, Inc. (ALGM) and Fortinet (FTNT) have performed compared to their sector so far this year.