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Can Fortinet’s Service Segment Maintain Double-Digit Growth?

Can Fortinet’s Service Segment Maintain Double-Digit Growth?

Higher demand for security across various industries has allowed Fortinet (FTNT) to maintain strong revenue growth. The growing threat of cyberterrorism has prompted many financial institutions to install the company’s security products. Service revenue includes business from the FortiGuard security subscription and FortiCare technical support services, as well as professional and training services.