Fortinet Stock (NASDAQ:FTNT)


ForecastRevenueOwnershipFinancialsChartTranscripts

Previous Close

$81.07

52W Range

$44.12 - $83.77

50D Avg

$76.64

200D Avg

$66.77

Market Cap

$62.76B

Avg Vol (3M)

$4.96M

Beta

1.00

Div Yield

-

FTNT Company Profile


Fortinet, Inc. provides broad, integrated, and automated cybersecurity solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers FortiGate hardware and software licenses that provide various security and networking functions, including firewall, intrusion prevention, anti-malware, virtual private network, application control, web filtering, anti-spam, and wide area network acceleration. The company also provides FortiSwitch product family that offers secure switching solutions for connecting customers their end devices; FortiAP product family, which provides secure wireless networking solutions; FortiExtender, a hardware appliance; FortiAnalyzer product family, which offers centralized network logging, analyzing, and reporting solutions; and FortiManager product family that provides central and scalable management solution for its FortiGate products. It offers FortiWeb product family provides web application firewall solutions; FortiMail product family that secure email gateway solutions; FortiSandbox technology that delivers proactive detection and mitigation services; FortiClient that provides endpoint protection with pattern-based anti-malware, behavior-based exploit protection, web-filtering, and an application firewall; FortiToken and FortiAuthenticator product families for multi-factor authentication to safeguard systems, assets, and data; and FortiEDR/XDR, an endpoint protection solution that provides both comprehensive machine-learning anti-malware execution and real-time post-infection protection. It provides security subscription, technical support, professional, and training services. It sells its security solutions to channel partners and directly to various customers in telecommunications, technology, government, financial services, education, retail, manufacturing, and healthcare industries. It has strategic alliance with Linksys. Fortinet, Inc. was incorporated in 2000 and is headquartered in Sunnyvale, California.

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Industry

Software - Infrastructure

Sector

Technology

Exchange

NASDAQ

ADR

-

Country

US

Employees

13,527

IPO Date

Nov 18, 2009

Website

FTNT Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 23Dec 22Dec 21
Service$3.38B$2.64B$2.09B
Technical Support and Other$1.48B$1.21B$962.20M
Security Subscription$1.90B$1.43B$1.13B
Product$1.93B$1.78B$1.25B

Fiscal year ends in Dec 23 | Currency in USD

FTNT Financial Summary


Dec 23Dec 22Dec 21
Revenue$5.30B$4.42B$3.34B
Operating Income$1.24B$969.60M$650.40M
Net Income$1.15B$857.30M$606.80M
EBITDA$1.24B$1.08B$727.70M
Basic EPS$1.47$1.05$0.74
Diluted EPS$1.46$1.03$0.73

Fiscal year ends in Dec 23 | Currency in USD

Latest Earnings Call Transcripts


Q2 24Aug 06, 24 | 9:53 PM
Q1 24May 02, 24 | 12:00 AM
Q4 23Feb 06, 24 | 8:35 PM

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