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Fortinet Inc (NASDAQ: FTNT) |
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Price: $160.3000
$3.08 
1.959%
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| Day's High:
| $161.389892578125
| Week Perf:
| 2.52 %
|
| Day's Low: |
$ 154.00 |
30 Day Perf: |
-0.98 % |
| Volume (M): |
808,011 |
52 Wk High: |
$ 173.89 |
| Volume (M$): |
$ 0 |
52 Wk Avg: |
$105.62 |
| Open: |
$155.43 |
52 Wk Low: |
$73.55 |
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| Market Capitalization (Millions $) |
119,071 |
| Shares
Outstanding (Millions) |
743 |
| Employees |
15,109 |
| Revenues (TTM) (Millions $) |
7,108 |
| Net Income (TTM) (Millions $) |
1,955 |
| Cash Flow (TTM) (Millions $) |
-1,373 |
| Capital Exp. (TTM) (Millions $) |
369 |
Business Description
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
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| Stock Performances by Major Competitors |
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| Business Update
Published Thu, Oct 9 2025 7:30 AM UTC
In a rapidly evolving digital landscape, where cyber threats are becoming increasingly sophisticated and pervasive, organizations around the globe are compelled to reassess their cybersecurity frameworks. Recognizing the pressing need for robust security measures, Armis, a leading player in cybersecurity exposure management, and Fortinet (NASDAQ: FTNT), the foremost provider...
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| Announcement
Published Wed, Sep 10 2025 7:42 PM UTC
Investor Alert: Pomerantz Law Firm Investigates Fortinet, Inc. Amidst Concerns for Shareholders On September 10, 2025, Pomerantz LLP announced an investigation on behalf of the investors of Fortinet, Inc. (NASDAQ: FTNT), a prominent cybersecurity software company. This development comes at a crucial time for Fortinet, which currently has approximately 772.7 million shares ou...
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| Announcement
Published Mon, Sep 8 2025 9:11 AM UTC
Fortinet, Inc. Under Investigation Amid Strong Financial Performance: What Investors Need to Know In a developing situation for the tech sector, Pomerantz Law Firm has initiated an investigation on behalf of investors in Fortinet, Inc. (NASDAQ: FTNT) following significant fluctuations in the company’s stock performance and underlining the firm’s current operational resul...
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| Partnership
Published Tue, Apr 29 2025 1:54 PM UTC
In an era where hybrid work environments have become the norm, securing digital infrastructure has never been more paramount. Recognizing this urgent need, Vodafone Business and Fortinet announced the expansion of their global partnership on April 29, 2025. This collaboration aims to enhance security solutions for businesses navigating the complexities of hybrid work arrange...
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| Management Announcement
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 ...
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Fundamental Analysis
| Per Share |
Current |
| Earnings (TTM) |
2.57 $ |
| Revenues (TTM) |
9.57 $
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| Cash Flow (TTM) |
- |
| Cash |
4.44 $
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| Book Value |
1.33 $
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| Dividend (TTM) |
0 $ |
| Efficiency
|
Current |
| Revenue per Employee
(TTM) |
470,461 |
| Net
Income per Employee (TTM) |
129,360 |
| Receivable Turnover Ratio (TTM) |
5.11 |
| Inventory Turnover Ratio (TTM) |
3.5 |
| Asset Turnover Ratio (TTM) |
0.71 |
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| Per Share |
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| Earnings (TTM) |
2.57 $
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| Revenues (TTM) |
9.57 $ |
| Cash Flow (TTM) |
- |
| Cash |
4.44 $
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| Book Value |
1.33 $ |
| Dividend (TTM) |
0 $ |
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| Product |
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 34.89 % |
of total Revenue |
| Service |
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65.14 % |
of total Revenue |
| Security subscription |
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37.53 % |
of total Revenue |
| Technical support and other |
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27.61 % |
of total Revenue |
| Reportable Segment |
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100.03 % |
of total Revenue |
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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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3.81% 