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Fortinet Inc   (FTNT)
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Price: $66.7200 $-1.32 -1.940%
Day's High: $67.97 Week Perf: -6.63 %
Day's Low: $ 66.51 30 Day Perf: -5.87 %
Volume (M): 10,118 52 Wk High: $ 81.24
Volume (M$): $ 675,066 52 Wk Avg: $63.82
Open: $67.72 52 Wk Low: $44.12



 Market Capitalization (Millions $) 52,453
 Shares Outstanding (Millions) 786
 Employees 10,195
 Revenues (TTM) (Millions $) 5,305
 Net Income (TTM) (Millions $) 1,148
 Cash Flow (TTM) (Millions $) -285
 Capital Exp. (TTM) (Millions $) 204

Fortinet Inc
Fortinet Inc is a global leader in cybersecurity solutions, providing innovative, integrated, and automated security products to businesses, enterprises, and government agencies worldwide. The company was founded in 2000 by Ken Xie, the founder of the widely successful network security company, NetScreen Technologies.

Fortinet offers a comprehensive range of security solutions, including network security, cloud security, endpoint security, and various management and analytics tools. The company's flagship product is FortiGate, a hardware and software solution that provides the industry's best security for networks, enabling businesses to protect their digital assets from emerging threats.

Fortinet also offers a cloud-based security solution called FortiCloud, which offers a full suite of security services in a cloud environment, allowing businesses to secure their networks and devices from the cloud. Another notable offering is FortiClient, a lightweight security agent that delivers endpoint protection for various operating systems and devices.

In addition to its security products, Fortinet provides professional services, training, and support to help businesses optimize their cybersecurity defenses. The company has a global presence with offices in more than 100 countries, serving over 500,000 customers worldwide, including some of the largest organizations in the world.

Fortinet has been recognized as a leader in the Gartner Magic Quadrant for Network Firewalls, Gartner Magic Quadrant for Unified Threat Management, and various other reports from independent industry analysts.

In conclusion, Fortinet Inc is a highly regarded cybersecurity company that offers comprehensive and innovative solutions to protect businesses, enterprises, and government agencies from the growing threat of cyberattacks. With a global presence, a strong track record of success, and a commitment to innovation, Fortinet is well-positioned to continue delivering industry-leading cybersecurity solutions well into the future.


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


   

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Product Service News

Windstream Enterprise and Fortinet Collaborate to Deliver Comprehensive Cybersecurity Solutions for Evolving Network Security Needs

Published Mon, Mar 11 2024 1:30 PM UTC

Windstream Enterprise Unveils Secure Flex Premium with Fortinet to Meet Evolving Network Security NeedsWindstream Enterprise (WE), a prominent IT managed services provider, has introduced Secure Flex Premium, a comprehensive suite of advanced technology solutions powered by Fortinet. This groundbreaking offering caters to the evolving network security requirements of every u...

Product Service News

Fortinet Takes Action to Bridge the Cyber Skills Gap in Europe with EU Partnership

Published Mon, Mar 4 2024 2:00 PM UTC

Fortinet Joins European Commission's Cybersecurity Skills Academy Initiative to Close Cyber Skills GapFortinet, a global leader in cybersecurity solutions, has recently announced its participation in the European Commission's Cybersecurity Skills Academy Initiative. The initiative aims to provide learning opportunities and upskill individuals across the European Union (EU), ...

Fortinet Inc

Fortinet Inc. Showcases Resilience with Modest Earnings Increase in Latest Fiscal Period

Fortinet Inc, a global cybersecurity solutions provider, reported its most recent fiscal period results, which showed a revenue of $1.42 billion and earnings per share (EPS) of $0.41. While revenue increased by 10.398% year on year, earnings grew modestly by 1.08%. However, the company's business surge was lagging behind its contemporaries in the Computer Peripherals & Office Equipment industry, which reported an average of 17.63% growth in the fourth quarter of 2022.
From the previous reporting season, EPS decreased by -0.88% from $0.41 per share, but revenue increased by 6.185% from $1.33 billion. Despite the decrease in EPS, Fortinet Inc is attracting business partners who value integrity and a strong sense of purpose. The bottom-line of $310.900 million in the most recent fiscal period experienced a slight fall of -0.92% from $313.800 million in the corresponding period the previous year.
Fortinet Inc shifted its focus on improving sales in the most recent fiscal period, resulting in a net margin of 21.95%. The build-up in inventories is noticeable, with the level of inventories and supplies increasing to $484.8 million, higher than in the preceding quarter as well as the corresponding quarter a year ago. However, operating earnings rose by 7.71% to $385.4 million.

Product Service News

Fortinet Fortifies OT Security with Unparalleled Innovations: Introducing FortiSwitch 424F, FortiExtender Vehicle 211F, and Enhanced FortiGuard OT Security Service

Published Mon, Dec 18 2023 2:00 PM UTC

Fortinet Advances the Industry's Most Comprehensive Operational Technology Security Platform: New FortiSwitch 424F, FortiExtender Vehicle 211F, and Enhanced FortiGuard OT Security Service Designed Specifically to Connect and Protect OT Environments
Fortinet, a global leader in broad, integrated, and automated cybersecurity solutions, has recently announced the launch of ...

Product Service News

Ushering a New Era of Cybersecurity: Fortinet's GenAI Assistant Leads the Charge in Threat Detection and Remediation.

Published Mon, Dec 11 2023 2:00 PM UTC


In a groundbreaking move to enhance cybersecurity efficiency, Fortinet has introduced its generative artificial intelligence (AI) assistant, Fortinet Advisor, designed to accelerate threat investigation and remediation. This cutting-edge tool marries over a decade of AI innovation with deep-rooted expertise in threat detection, offering an unprecedented upskilling solut...






 

Fortinet Inc's Segments
 
 
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Fortinet Inc does not provide revenue guidance.

Earnings Outlook
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