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Fortinet Inc   (NASDAQ: FTNT)
Other Ticker:  
 
 
Price: $101.8000 $1.08 1.072%
Day's High: $101.92 Week Perf: 2.62 %
Day's Low: $ 99.99 30 Day Perf: 3.19 %
Volume (M): 3,350 52 Wk High: $ 114.82
Volume (M$): $ 341,030 52 Wk Avg: $81.74
Open: $100.27 52 Wk Low: $54.57



 Market Capitalization (Millions $) 78,611
 Shares Outstanding (Millions) 772
 Employees 13,568
 Revenues (TTM) (Millions $) 5,955
 Net Income (TTM) (Millions $) 1,745
 Cash Flow (TTM) (Millions $) 1,478
 Capital Exp. (TTM) (Millions $) 379

Fortinet Inc
Company Profile: Fortinet Inc.

Overview:
Fortinet Inc. is a global leader in cybersecurity solutions, renowned for providing innovative, integrated, and automated security products tailored for businesses, enterprises, and government agencies worldwide. Founded in 2000 by Ken Xie, the visionary behind the successful network security company NetScreen Technologies, Fortinet has established itself as a key player in the cybersecurity landscape.

Core Offerings:
Fortinets extensive suite of security solutions includes:

- Network Security: Utilizing its flagship product, FortiGate, Fortinet delivers top-tier protection for network infrastructures. FortiGate combines hardware and software to ensure robust defense against an evolving array of threats, safeguarding digital assets effectively.

- Cloud Security: The company's cloud-based security offering, FortiCloud, provides businesses with a comprehensive suite of security services in a cloud environment, enabling proactive protection of networks and devices against cloud-based threats.

- Endpoint Security: FortiClient serves as a lightweight security agent, delivering endpoint protection across various operating systems and devices, ensuring a holistic approach to cybersecurity.

- Management and Analytics Tools: Fortinet offers various tools designed for security management and analytics, enhancing visibility and control over security operations.

Professional Services:
In addition to its product offerings, Fortinet provides a wide range of professional services, including consulting, training, and ongoing support. These services are designed to help organizations optimize their cybersecurity posture and respond effectively to emerging threats.

Global Presence:
Fortinet operates with a strong global presence, boasting offices in over 100 countries and serving more than 500,000 customers worldwide. The customer base includes some of the largest organizations across multiple industries, demonstrating Fortinets scalability and trust in high-stakes environments.

Industry Recognition:
Fortinet has consistently been recognized as a leader in the cybersecurity domain. It has received accolades in the Gartner Magic Quadrant for Network Firewalls and Unified Threat Management, among other industry reports from independent analysts. This acknowledgment reflects the company's commitment to innovation and excellence in cybersecurity solutions.

Conclusion:
Fortinet Inc. is a highly respected cybersecurity leader, offering a comprehensive and innovative array of solutions to combat the growing threats posed by cyberattacks. With a robust global footprint, a demonstrated history of success, and an unwavering commitment to advancement in cybersecurity, Fortinet is poised to continue leading the industry and providing top-of-the-line security solutions well into the future.


   Company Address: 909 Kifer Road Sunnyvale 94086 CA
   Company Phone Number: 235-7700   Stock Exchange / Ticker: NASDAQ FTNT


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
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• View Complete Report
   



Management Announcement

Fortinets 2024 Sustainability Report and Strategic Innovation Moves Signal a New Era of Cybersecurity Excellence

Published Wed, Apr 16 2025 1:01 PM UTC

Fortinet Sets a New Standard for Sustainability and Innovation in CybersecurityAs the cybersecurity landscape continues to evolve, organizations face unprecedented challenges to protect sensitive data and maintain customer trust. In this environment, Fortinet, a leading player in the cybersecurity sector, has emerged as a beacon of innovation and responsibility. The company ...

Product Service News

Fortinets Dynamic Growth A New Innovation Hub in Atlanta and Expanding Global Footprint with SASE Solutions,

Published Fri, Nov 15 2024 2:00 PM UTC

Fortinet s Strategic Expansion: A New Innovation Hub in Atlanta and Global SASE Solutions In a strategic move to bolster its global presence, Fortinet, a leading cybersecurity company, has announced the establishment of a new company-owned Innovation Hub in Atlanta. This development signals the company s commitment to strengthening customer experiences and enhancing its inno...

Management Announcement

The Digital Electoral Battlefield: Fortinet?s Strategic Moves Amid Rising Cyber Threats

Published Tue, Oct 15 2024 1:01 PM UTC

As the 2024 United States presidential election approaches, the cybersecurity landscape has become increasingly perilous, with malicious actors targeting vulnerable voters and candidates. Recent observations by Fortinet s FortiGuard Labs highlight a surge in darknet activities aimed at exploiting the electoral process. Phishing scams designed to mislead voters and malicious ...

Management Announcement

:nn nFortinet Expands Reach with Innovation Hub in Chicago, Riding the Wave of High Revenues and Strategic Partnershipsn

Published Tue, Sep 10 2024 1:00 PM UTC



nnFortinet Expands Reach with Innovation Hub in Chicago, Riding the Wave of High Revenues and Strategic Partnershipsnn
In a bold stride toward enhancing enterprise customer experiences and reinforcing its global presence, cybersecurity leader Fortinet Inc. has inaugurated a new company-owned innovation hub in Chicago. This facility underscores Fortinet?s commit...

Partnership

Juventus Teams Up with Fortinet for Enhanced Cybersecurity, Reflecting a New Era of Digital Protection in Sports Inst...

Published Tue, Aug 20 2024 1:00 PM UTC

In a pivotal move reflecting the increasing importance of cybersecurity in sports management, Juventus Football Club has officially announced Fortinet as its cybersecurity partner. This collaboration symbolizes an ambitious effort by Juventus to reinforce the integrity of its operations within the digital landscape. The partnership will leverage Fortinet s extensive Security...







Fortinet Inc's Segments
Product    31.43 % of total Revenue
Service    43.8 % of total Revenue
Security subscription    39.52 % of total Revenue
Technical support and other    29.08 % of total Revenue

  Fortinet Inc Outlook

On August 6 2024 the Fortinet Inc provided following guidance

nnFortinet Inc. Reports Impressive Financial Outcomes for Second Quarter 2024nn

On August 6, 2024, Fortinet Inc. announced its financial results for the second quarter of 2024, showcasing remarkable performance indicators. The company has made notable updates to its financial guidance, including an increase in projected revenue for the year as well as an uplift in expectations for Non-GAAP operating margins. However, specific figures regarding the revenue forecasts and margin projections were not disclosed in the announcement.

The highlights of this quarter emphasize record-setting GAAP and Non-GAAP operating margins, signaling Fortinet's robust financial health. Furthermore, the company co...





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