HighlightsTotal revenue up 13% year over year; service revenue up 19% year over yearBillings1 and product revenue returns to growthStrong ...
Fortinet FTNT is scheduled to report third-quarter 2024 results on Nov. 7, after market close. The cybersecurity firm projects revenues between $1.445 billion and $1.505 billion. The Zacks Consensus ...
Wednesday, November 6, 2024 The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Shopify ...
Fortinet has achieved a 34.5% return since my last recommendation, and I believe it can continue to offer good returns due to its strong fundamentals. Despite cyclical hardware sales, Fortinet's ...
SUNNYVALE, Calif. (AP) — SUNNYVALE, Calif. (AP) — Fortinet Inc. (FTNT) on Thursday reported third-quarter net income of $539.9 million. The Sunnyvale, California-based company said it had profit of 70 ...
Analysts have given Fortinet a total of 8 ratings, with the consensus rating being Neutral. The average one-year price target is $80.88, indicating a potential 2.59% upside.
This is important as a lack of PoPs has been cited as a point of friction during the sales process. Fortinet also acquired Lacework earlier in 2024, strengthening its cloud security capabilities.
If not, there would be more competitors to Fortinet and peers that can reduce their sales in the course of 10 years, or at least in the past 5 years where AI and social media are heavily used by ...
Fidelis Capital Partners LLC acquired a new stake in Fortinet, Inc. (NASDAQ:FTNT – Free Report) in the third quarter, ...
From its acquisitions of Next DLP and Lacework, Fortinet Inc. (NASDAQ:FTNT) will gain over 900 new customers along with skilled sales and engineering teams. This expansion will enhance the company ...
Fortinet is a platform-based cybersecurity vendor ... The firm derives a majority of its revenue through sales of its subscriptions and support-based business. The California-based firm has ...
Derek Manky, Chief Security Strategist and VP of Global Threat Intelligence at Fortinet “As the 2024 U.S. presidential election approaches, it’s critical to recognize and understand the ...