The company caters to more than 450,000 customers worldwide that includes most of the Fortune 100 companies. Fortinet reported revenues of $5.3 billion in 2023, which increased 20.1% from 2022.
As you can see, only 10% of Fortinet's operating cash flow comes directly from SBCs, while in other companies it exceeds 50% and approaches almost 100%, which means that if they had paid that ...
And 99/100 is considered very good. Let's take a look. Fortinet's revenue grows steadily at 10 year CAGR of 24.7% per year and 5 year CAGR of 27%, from $534 million in 2012 to $5.3 billion in 2023.
1 Day FTNT 2.78% DJIA 0.02% S&P 500 0.65% Technology 1.46% The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of ...
Attacks by a China-linked hacking group in 2022 and 2023 led to the compromise of at least 20,000 Fortinet FortiGate devices, according to the Dutch military intelligence service. The service ...
Fortinet has strengthened Lacework's solution in areas like automated remediation and the blocking of active threats. Lacework reportedly has around 100 million USD ARR and nearly 1,000 customers.
The latest trading session saw Fortinet (FTNT) ending at $82.07, denoting a +1.23% adjustment from its last day's close. The stock outpaced the S&P 500's daily loss of 0.18%. Elsewhere ...
Fortinet, Inc. provides cybersecurity solutions to a variety of businesses, such as enterprises, communication service providers, government organizations, and small to medium-sized businesses.
Rocket Lab (RKLB) is high risk. The CrowdStrike and Fortinet partnership enhances network and endpoint security while simplifying operations and improving threat detection and response.