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Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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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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Year over year growth in Revenue and Operating Expenses.

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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.

Earnings data Q1 2021

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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.

Fortinet's (FTNT) third-quarter 2020 results reflect gains from solid growth in Fortinet Security Fabric, cloud and SD-WAN offerings.

Fortinet (FTNT) Q3 Earnings & Revenues Beat Estimates, Up Y/Y

Fortinet, Inc. (FTNT) CEO Ken Xie on Q3 2020 Results - Earnings Call Transcript

Fortinet (FTNT) delivered earnings and revenue surprises of 12.82% and 1.92%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Fortinet (FTNT) Q3 Earnings and Revenues Beat Estimates

Fortinet topped Q3 earnings and revenue estimates, while also guiding higher for Q4. The cybersecurity stock rose.

Fortinet Earnings, Revenue Top Estimates As Guidance Above Expectations

FortiGate 2600F offers up to 10x higher performance enabled by Fortinet SPUs, allows customers to replace multiple point products to reduce cost and complexity FortiGate 2600F offers up to 10x higher performance enabled by Fortinet SPUs, allows customers to replace multiple point products to reduce cost and complexity

Fortinet's Latest Firewall Integrates Networking and Security in a Single Platform to Protect Any Edge and Large Remote Workforces

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Fortinet's (FTNT) Q3 results are likely to reflect benefits from a robust product portfolio and increased demand for IT security amid the COVID-19 pandemic-led remote-working and online-learning wave.

Solid IT Security Demand to Aid Fortinet's (FTNT) Q3 Earnings

Keeping this in mind, let's analyze whether Fortinet Inc (NASDAQ:FTNT) is a good investment right now by following the lead of some of the best investors in the world and piggybacking their ideas. There's no better way to get these firms' immense resources and analytical capabilities working for us than to follow their lead into their best ideas. While not all of these picks will be winners, our research shows that these picks historically outperformed the market when we factor in known risk factors.

Were Hedge Funds Right About Embracing Fortinet Inc (FTNT)?

Fortinet (FTNT) closed at $128.16 in the latest trading session, marking a -1.4% move from the prior day.

Fortinet (FTNT) Stock Sinks As Market Gains: What You Should Know

The bull case for Fortinet Inc (NASDAQ: FTNT) is based on firsthand checks and conversations that point to a faster-than-expected recovery, according to Goldman Sachs. The Fortinet Analyst: Brian Essex upgraded Fortinet from Neutral to Buy with a price target lifted from $143 to $150.

Positive Industry Feedback On Fortinet Turns Goldman Bullish

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The cybersecurity industry is big - and growing. That won't surprise anyone who's been online and discovered a multitude of bad actors trying to steal everything from their reputations to their bank accounts.

Fortinet: Profiting From Protecting the Internet

Fortinet shows improving price performance, earning an upgrade to its IBD Relative Strength Rating. The post Highly Rated Cybersecurity Firm Fortinet Gets Another Rating Upgrade appeared first on Investor's Business Daily.

Highly Rated Cybersecurity Firm Fortinet Gets Another Rating Upgrade

Fortinet (FTNT) closed the most recent trading day at $118.30, moving -0.66% from the previous trading session.

Fortinet (FTNT) Stock Moves -0.66%: What You Should Know

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Fortinet is performing well, but it pulled back with the rest of its sector in September.

Why Fortinet Stock Fell 10.8% in September

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SUNNYVALE, Calif., Oct. 01, 2020 (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 third quarter 2020 financial results on Thursday, October 29 at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time).

Fortinet to Announce Third Quarter 2020 Financial Results

NSE Training Institute’s Certification Program Momentum Continues With More than Half a Million NSE Certifications Earned to Date NSE Training Institute’s Certification Program Momentum Continues With More than Half a Million NSE Certifications Earned to Date

Fortinet Expands Network Security Expert Training Institute Offerings to Further Advance Security Skillsets

Placed Higher in Ability to Execute and Further in Completeness of Vision Than its Position the Previous Year Placed Higher in Ability to Execute and Further in Completeness of Vision Than its Position the Previous Year

Fortinet Named a Leader in the 2020 Gartner Magic Quadrant for WAN Edge Infrastructure

Fortinet beat on both revenue and earnings in Q2 2020. This cash cow has maintained a strong free cash flow margin of 36% in spite of the poor macro environment.

Fortinet's Soft Billing Presents An Opportunity To Invest

Fortinet (FTNT) reported earnings 30 days ago. What's next for the stock?

Why Is Fortinet (FTNT) Down 15.7% Since Last Earnings Report?

The coronavirus pandemic may have forever altered how, and where, we work.

2 Companies Ready For a Huge Cybersecurity Opportunity

Security Academy Program Provides Academic Institutions and Nonprofits with Fortinet’s Network Security Expert (NSE) Training and Certification Curriculum to Bridge Gap Between Learning and Careers Security Academy Program Provides Academic Institutions and Nonprofits with Fortinet’s Network Security Expert (NSE) Training and Certification Curriculum to Bridge Gap Between Learning and Careers

Fortinet’s Security Academy Program Increases Global Impact through Workforce Development

Fusion Connect, HubOne, Kazteleport, Optical Networks, Thrive and TNS Choose Fortinet to Differentiate SD-WAN Service Offerings for Customers, Joining Growing Number of Global SPs and MSSPs Fusion Connect, HubOne, Kazteleport, Optical Networks, Thrive and TNS Choose Fortinet to Differentiate SD-WAN Service Offerings for Customers, Joining Growing Number of Global SPs and MSSPs

News for Fortinet Stock (FTNT)