Fortinet, Inc.

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Company Name	Fortinet, Inc.
Stock Symbol	FTFT

On August 6, 2025, Fortinet released its second quarter 2025 financial results, revealing that the Company was “approximately 40% to 50% of the way through the 2026 [firewall] upgrade cycle at the end of the second quarter based on the remaining active units and service contracts[.]” Additionally, the Company issued weaker-than-expected revenue guidance for the upcoming third quarter, projecting revenue between $1.67 billion and $1.73 billion.

On this news, Fortinet’s stock price fell $21.28, or 22%, to close at $75.30 per share on August 7, 2025, thereby injuring investors.

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If you suffered a loss on your Fortinet, Inc. investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below. Please note that submission of this form does not by itself form an attorney-client relationship nor does filing out this form mean you have joined any lawsuit.

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