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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.

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?

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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

Service Providers Rapidly Adopt Fortinet Secure SD-WAN to Deliver New Offerings

SUNNYVALE, Calif., Aug.  24, 2020  (GLOBE NEWSWIRE) --      Ken Xie, Founder, Chairman of the Board, and CEO at Fortinet  “We are delighted to welcome back Ken – former CFO of Fortinet for over five years – in his new role on the Fortinet Board of Directors. As we continue to lead and expand into new markets to fuel growth, Fortinet will benefit once again from his vast and extensive board and industry experience. I look forward to working alongside Ken Goldman as part of our Board of Directors.”

Technology and Financial Industry Veteran Ken Goldman Joins Fortinet Board of Directors

2020 Remote Workforce Cybersecurity Report Shows How Organizations Are Increasing Investments to Secure Remote Work at Scale 2020 Remote Workforce Cybersecurity Report Shows How Organizations Are Increasing Investments to Secure Remote Work at Scale

Fortinet Research Demonstrates Enterprises Must Adapt to Address Telework Security Challenges Long-term

Partnership Provides Global Communities with More Learning Opportunities to Develop Skills, Reskill and Upskill for a Career in Cybersecurity Partnership Provides Global Communities with More Learning Opportunities to Develop Skills, Reskill and Upskill for a Career in Cybersecurity

Fortinet and IBM Collaborate on SkillsBuild to Further Build Cybersecurity Skills

This cybersecurity player can sustain its impressive top- and bottom-line growth.

Why You Should Be Buying This Growth Stock in August

Cyber Criminals Targeting Remote Work to Gain Access to Enterprise Networks and Critical Data Cyber Criminals Targeting Remote Work to Gain Access to Enterprise Networks and Critical Data

FortiGuard Labs Reports Cyber Adversaries Are Exploiting the Global Pandemic at Enormous Scale

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The cybersecurity specialist reported strong earnings but investors were still disappointed.

Why Fortinet Stock Got Crushed Today

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

Fortinet (FTNT) Q2 Earnings and Revenues Surpass Estimates

Fortinet, Inc. (FTNT) CEO Ken Xie on Q2 2020 Results - Earnings Call Transcript

Fortinet Inc. FTNT, -0.43% shares fell in the extended session Thursday even after the cybersecurity company's results, with the exception of billings, topped Wall Street estimates.

Fortinet stock declines as earnings top Street view but billings don't

Shares of Fortinet (NASDAQ:FTNT) fell 7.39% in after-market trading after the company reported Q2 results.

Recap: Fortinet Q2 Earnings

FortiGate 4400F is the Only Firewall Capable of Securing Hyperscale Data Centers and 5G Networks, Delivering the Industry’s Highest Performance with Security Compute Ratings of up to 13x FortiGate 4400F is the Only Firewall Capable of Securing Hyperscale Data Centers and 5G Networks, Delivering the Industry’s Highest Performance with Security Compute Ratings of up to 13x

Fortinet Introduces the World’s First Hyperscale Firewall

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Fortinet's (FTNT) Q2 results are likely to reflect benefits from a strong product portfolio. However, higher capital expenditures are likely to have kept margins under pressure.

Fortinet (FTNT) to Post Q2 Earnings: What's in the Offing?

In the latest trading session, Fortinet (FTNT) closed at $136.75, marking a -0.07% move from the previous day.

Fortinet (FTNT) Stock Moves -0.07%: What You Should Know

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New FortiGate 80F is the Latest Expansion of Fortinet’s Industry-leading SD-WAN Portfolio New FortiGate 80F is the Latest Expansion of Fortinet’s Industry-leading SD-WAN Portfolio

Fortinet Again Named the Fastest Growing SD-WAN Vendor, Continues Innovation to Deliver SD-WAN Anywhere

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Cybersecurity stocks have plenty more room to rise as the work from home trend accelerates demand for endpoint security.
The post 7 Cybersecurity Stocks Hard At Work While We Work From Home appeared first on InvestorPlace.

7 Cybersecurity Stocks Hard At Work While We Work From Home

With more employees working from home because of the pandemic, the need to safeguard data and proprietary information has never been greater.

News for Fortinet Stock (FTNT)