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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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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.

New Managed Services Use Fortinet Secure SD-WAN to Provide Improved Connectivity, Reduced Complexity and Low Costs to Global Customers New Managed Services Use Fortinet Secure SD-WAN to Provide Improved Connectivity, Reduced Complexity and Low Costs to Global Customers

Secure Sense Chooses Fortinet Secure SD-WAN to Power New Managed Service Offerings

Fortinet Federal Teams with Carahsoft to Provide Fortinet Security Fabric Solutions to Federal Government Fortinet Federal Teams with Carahsoft to Provide Fortinet Security Fabric Solutions to Federal Government

Fortinet Named to Carahsoft ITES-SW2 Contract to Support U.S. Army Enterprise Infrastructure Goals

Alberta Urban Municipalities Association (AUMA), Millard Public Schools and More Rely on Fortinet's Endpoint Security to Protect Against Threats Alberta Urban Municipalities Association (AUMA), Millard Public Schools and More Rely on Fortinet's Endpoint Security to Protect Against Threats

Fortinet Extends FortiEDR Capabilities with Focus on Automation, Integration and Professional Services

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3 Reasons Fortinet Remains a Best-in-Class Cybersecurity Stock After the Q1 2021 Report

Fortinet (FTNT) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Fortinet (FTNT) Stock Jumps 4.5%: Will It Continue to Soar?

Fortinet's (FTNT) first-quarter 2021 results reflect gains from stellar growth in Fortinet Security Fabric, cloud and SD-WAN offerings.

Fortinet (FTNT) Stock Gains on Q1 Earnings Beat, Upbeat Guidance

Fortinet's (FTNT) CEO Ken Xie on Q1 2021 Results - Earnings Call Transcript

Fortinet (FTNT) delivered earnings and revenue surprises of 9.46% and 4.62%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Fortinet (FTNT) Q1 Earnings and Revenues Beat Estimates

Shares of Fortinet (NASDAQ:FTNT) rose in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share were up 35.00% over the past year to $0.81, which beat the estimate of $0.74.

Recap: Fortinet Q1 Earnings

Fortinet Reports First Quarter 2021 Financial Results

The Fortinet Security Fabric Protects 5G Ecosystems, Integrates SASE and Provides Zero Trust Access with the New FortiGate 7121F and Wireless WAN Connectivity with FortiExtender 511F-5G The Fortinet Security Fabric Protects 5G Ecosystems, Integrates SASE and Provides Zero Trust Access with the New FortiGate 7121F and Wireless WAN Connectivity with FortiExtender 511F-5G

Fortinet Extends Security Fabric with World's Fastest Next-Generation Firewall and 5G Connectivity for SASE

BT Combines Global Connectivity and Cyber Expertise with Fortinet Secure SD-WAN, which Converges Security and Networking to Reduce Complexity and Cost BT Combines Global Connectivity and Cyber Expertise with Fortinet Secure SD-WAN, which Converges Security and Networking to Reduce Complexity and Cost

Fortinet Partners with BT to Expand Their Managed Network Services with Secure SD-WAN

Fortinet's (FTNT) Q1 results are likely to reflect a robust product portfolio and increased demand for IT security. However, high capex is likely to have been a headwind.

What's in the Offing for Fortinet's (FTNT) Q1 Earnings?

Fortinet has been something of a surprise winner among the Cybersecurity picks in our staff personal accounts. Defying its hardware origins, the company fundamentals are superb and the stock has run up too.

Fortinet - Superb Fundamentals, Stock Exuberant, Not Adding To Our Holdings Yet

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SUNNYVALE, Calif., April 02, 2021 (GLOBE NEWSWIRE) -- Fortinet® (NASDAQ: FTNT), a global leader in broad, integrated, and automated cybersecurity solutions, announced that it will hold a conference call to discuss its first quarter 2021 financial results on Thursday, April 29 at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time).

Fortinet to Announce First Quarter 2021 Financial Results

“Cyber Safe: A Dog's Guide to Internet Security” Available Globally to Make the Internet a Safer Place for All Children “Cyber Safe: A Dog's Guide to Internet Security” Available Globally to Make the Internet a Safer Place for All Children

Fortinet Enhances Students' Cybersecurity Awareness and Safety with Availability of Free Training and the Release of a New Children's Book

Fortinet's (FTNT) partnership with Linksys will enable customer organizations to provide agile and secure connectivity for their remote employees, taking advantage of the Fortinet Security Fabric.

Fortinet (FTNT) Inks Network Security Deal With Linksys

Cybersecurity is evolving as the world goes remote.

Fortinet Partners With Linksys to Secure Work-From-Home Employees

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These cybersecurity stocks have strength for the present and future of this digital space we are living in today. The post 3 Cybersecurity Stocks That Can Help Prevent the Next Big Hack appeared first on InvestorPlace.

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Fortinet Invests $75M in Linksys to Support Alliance to Offer Organizations Fast, Reliable, Secure, and Simple to Manage Remote Connectivity Fortinet Invests $75M in Linksys to Support Alliance to Offer Organizations Fast, Reliable, Secure, and Simple to Manage Remote Connectivity

Linksys and Fortinet Announce Strategic Alliance to Deliver Enterprise-Grade Performance and Security for Work From Home Networks

The cybersecurity company reported strong earnings beating revenue and EPS figures, while providing a promising outlook.

Fortinet: Impressive Earnings Point At More Upside

In our digitalizing world, there is an increasing need for cybersecurity, especially in lieu of major network and data compromises globally. FTNT is able to benefit significantly from this macro headwind, as a result of industrial stability in the network security industry, which favors the incumbents.

News for Fortinet Stock (FTNT)