For those of you like me who might be invested in Fortinet and for those of us who are in other cyber security players including CYBR there were a couple of results announcements last night which provide some potential read across.
Both were beats on revenues and earnings. There was one potential storm cloud on the horizon - both for the first time in a long time showed revenue increases ahead of billing increases.
Fortinet- http://seekingalpha.com/news/3175904-fortinet-beats-0_03-bea…
http://seekingalpha.com/pr/16466068-fortinet-reports-first-q…
Barracuda - http://seekingalpha.com/news/3175887-barracuda-networks-beat…
http://seekingalpha.com/pr/16466043-barracuda-reports-fourth…
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