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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

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Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

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Fortinet

Fortinet, Inc. provides cybersecurity solutions to a variety of businesses, such as enterprises, communication service providers and small businesses. It operates through the following segments: Network Security, Infrastructure Security, Cloud Security, and Endpoint Protection, Internet of Things and Operational Technology. The Network Security segment includes the majority of product sales from its FortiGate network security appliances. The Infrastructure Security segment provides a platform, which is an architectural approach that protects the entire digital attack surface, including network core, endpoints, applications, data centers and private and public clouds. Together with its network of Fabric-Ready Partners, the Fortinet Security Fabric platform enables disparate security devices to work together as an integrated, automated, and collaborative solution. The Cloud Security segment provides help to customers to connect securely to and across their cloud environments by offering security through its virtual firewall and other software products in public and private cloud environments. The Endpoint Protection, Internet of Things and Operational Technology segment includes the proliferation of Internet of Things (IoT) and an Operational Technology (OT). IoT and OT have created an environment where data moves freely between devices across locations, network environments, remote offices, mobile workers and public cloud environments, making the data difficult to consistently track and secure. The company was founded by Ken Xie and Michael Xie in October 2000 and is headquartered in Sunnyvale, CA.

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Fortinet posts record Q4 results, eyes sustained growth and innovation

Fortinet delivered strong financial results in Q4 2022, with significant revenue growth, record billings, and a focus on maintaining operating margins above 25% amidst challenges.
The company showcased market leadership through innovative product offerings, market share gains, and strategic growth initiatives in diverse regions and sectors.
Opportunities for Fortinet include sustained product revenue growth, cloud infrastructure expansion, and leveraging integrated solutions for enhanced customer value and market positioning.

Fortinet excels in Q1 with record revenue growth and strategic focus

Fortinet delivered a stellar Q1 performance with robust revenue growth, strong customer acquisition, and strategic product advancements. While facing challenges in a competitive market and operational scalability, the company is well-positioned to capitalize on opportunities in cybersecurity and network security markets. By focusing on innovation, customer diversification, and revenue-driving strategies, Fortinet aims for continued growth and market leadership.

Fortinet reports robust Q2 earnings, eyes growth amid challenges

Fortinet's Q2 '23 performance was strong, with revenue growth, operating margin surpassing guidance, and diversified revenue streams from SD-WAN and OT security.
The company's strengths lie in market leadership in firewalls, innovative products, customer wins, and technological advancements like AI and machine learning.
Challenges include cancellation rates, workforce shortages for CISOs, macroeconomic impacts, and ongoing investments in hiring.
Opportunities exist in network security advantages, market positioning against competitors, growth projections, and leveraging demand trends in Europe.

Fortinet exceeds Q3 expectations, targets double-digit growth by 2024

Fortinet is strategically shifting focus towards SASE market for growth.
Confident in competing in SASE market with integrated solutions.
Investing in sales enablement and partnerships to drive growth.
Balanced approach to innovation, engineering, and sales execution.

Fortinet reports robust Q4 earnings, eyes growth in SASE and SecOps

Fortinet's Q4 2023 performance showcased strong financial results, with total billings up 8.5% and service revenue growing by 25%. Despite facing challenges like backlog impact and potential sales team hurdles, the company is well-positioned to leverage opportunities in SASE and SecOps growth. With a focus on innovation, customer-centric approach, and strategic investments, Fortinet aims to maintain its market leadership and drive future growth.

Fortinet reports record Q1 revenue and margins, eyes market leadership

Fortinet's Q1 2024 performance reflects strong financials, driven by unified SASE and SecOps segments, despite challenges from large deals impacting growth.
The company's focus on differentiated offerings, prudent cost management, and strategic investments positions it well for future growth and market leadership.
Opportunities in promoting unified SASE, leveraging hardware for SASE functions, and strategic initiatives like buybacks and M&A present avenues for continued success.

Fortinet reports record margins and strategic acquisitions driving growth

Fortinet's Q2 2024 earnings call showcased impressive financial results, marked by record operating margins, revenue growth, and strategic acquisitions. While facing potential challenges in a competitive market, the company's focus on innovation and market expansion presents promising opportunities for future growth and leadership.

Fortinet (FTNT) reports stellar Q3 results and eyes market expansion

Fortinet's Q3 2024 earnings call showcased exceptional performance, with record margins, revenue growth, and strategic wins across sectors and regions, underlining the company's strong market position and growth potential.
While challenges in maintaining growth momentum and addressing evolving market dynamics exist, Fortinet's solid financial results and raised guidance for the full year position it well for continued success and market leadership.
The company's focus on innovation, market expansion, and customer acquisition, coupled with strong financial metrics and operational efficiency, present promising opportunities for sustained growth and competitive advantage in the cybersecurity sector.

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Fortinet, Inc. provides cybersecurity solutions to a variety of businesses, such as enterprises, communication service providers, government organizations, and small to medium-sized businesses. Its product portfolio includes network security, secure access service edge, enterprise networking, security operations, application security, and operational technology. The company was founded by Ken Xie and Michael Xie in October 2000 and is headquartered in Sunnyvale, CA.

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Fortinet's LAN Edge Solution Supports Digital Innovation With Integrated AI and Machine Learning, Built-in NAC Features, and More Fortinet's LAN Edge Solution Supports Digital Innovation With Integrated AI and Machine Learning, Built-in NAC Features, and More

Fortinet Again Named a Visionary in the 2021 Gartner® Magic Quadrant™ for Enterprise Wired and Wireless LAN Infrastructure

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Fortinet Takes Concrete Action on Environmental Sustainability and Commits to Transparent Disclosure on its Contribution to Climate Change Mitigation Fortinet Takes Concrete Action on Environmental Sustainability and Commits to Transparent Disclosure on its Contribution to Climate Change Mitigation

Fortinet Announces Commitment to Become Carbon Neutral by 2030 and Completes Net-Zero Sunnyvale Headquarter Campus

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FortiGate Delivers Enterprise-class Security, Prevents Ransomware, Delivers Hyperscale and Enables Work-from-Anywhere with Built-in ZTNA and SD-WAN Capabilities FortiGate Delivers Enterprise-class Security, Prevents Ransomware, Delivers Hyperscale and Enables Work-from-Anywhere with Built-in ZTNA and SD-WAN Capabilities

Fortinet Again Named a Leader in the 2021 Gartner® Magic Quadrant™ for Network Firewalls, Recognized for the Twelfth Time

On Friday, Fortinet Inc. (NASDAQ:FTNT) shares edged lower 1.6% after reporting its fiscal third-quarter results. The company announced its most recent quarterly results Thursday after markets closed, beating the consensus for analyst estimates on revenue and earnings.

Fortinet stock prediction after topping FQ3 estimates

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Fortinet's (FTNT) Q3 results reflect gains from stellar growth in Fortinet Security Fabric, cloud and SD-WAN offerings.

Fortinet (FTNT) Beats on Q3 Earnings & Revenues, Ups '21 View

Fortinet, Inc. (FTNT) CEO Ken Xie on Q3 2021 Results - Earning Call Transcript

Fortinet (FTNT) delivered earnings and revenue surprises of 5.32% and 6.96%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Fortinet (FTNT) Tops Q3 Earnings and Revenue Estimates

Fortinet is the Only Vendor Able to Deliver Contextual Security, Access, and Networking Based on Location Fortinet is the Only Vendor Able to Deliver Contextual Security, Access, and Networking Based on Location

Fortinet Unifies Zero Trust, Endpoint, and Network Security to Lead the Work-from-Anywhere Era

Defense Information Systems Agency (DISA) Publishes Security Technical Implementation Guide (STIG) on FortiGate Firewalls Defense Information Systems Agency (DISA) Publishes Security Technical Implementation Guide (STIG) on FortiGate Firewalls

26 Additional Fortinet Security Fabric Solutions Earn the U.S. Department of Defense's Endorsement for its Approved Product List Certification

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KeyBanc analyst Michael Turits raised the price target on Fortinet Inc (NASDAQ:FTNT) to $370 from $324, implying 11.5% upside, and reiterated an Overweight.  The rating follows vigorous Q3 checks, the expectation for minimal supply chain disruption, and solid VAR survey results.

KeyBanc Lifts Fortinet Price Target Price By 14%

KeyBanc Lifts Fortinet Price Target Price By 14%, Sees Sharp Upside

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Experts Across Industries Offer Practical Advice to Proactively Improve Cybersecurity Strategies and Foster the Next Generation of Diverse Cyber Talent Experts Across Industries Offer Practical Advice to Proactively Improve Cybersecurity Strategies and Foster the Next Generation of Diverse Cyber Talent

Fortinet Releases Essential Survival Guide for Cyber Leaders

MADRID, Spain and SUNNYVALE, Calif., Oct. 18, 2021 (GLOBE NEWSWIRE) -- News Summary Telefónica Tech , Telefónica's digital business unit, and Fortinet ® (NASDAQ: FTNT), a global leader in broad, integrated and automated cybersecurity solutions, are expanding their current strategic alliance, announcing today the launch of a new global managed service centered around a security-driven networking approach to SD-WAN. The new service converges networking and security functionality into a single integrated offering to empower the hybrid work era and enable users to have optimal performance and security while connecting from offices, factories or sites and extend this experience when remotely accessing business applications.

Telefónica Tech and Fortinet launch global Secure SD-WAN service to secure and connect work-from-anywhere

In the latest trading session, Fortinet (FTNT) closed at $313.81, marking a +1.2% move from the previous day.

Fortinet (FTNT) Gains But Lags Market: What You Should Know

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The shares of Fortinet Inc (NASDAQ: FTNT) have received a price target of $380 by Wells Fargo. These are the details.

News for Fortinet Stock (FTNT)