Fortinet (FTNT) came out with quarterly earnings of $0.57 per share, beating the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.38 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 39.02%. A quarter ago, it was expected that this network security company would post earnings of $0.38 per share when it actually produced earnings of $0.43, delivering a surprise of 13.16%.Over the last four quarters, th ...

财务表现 - 总收入为14.3亿美元，同比增长10.9%[6] - 服务收入为9.82亿美元，同比增长19.8%[8] - 创下GAAP经营利润率30.5%和非GAAP经营利润率35.1%的公司纪录[11][12] - 经营活动产生的现金流为3.42亿美元[15] - 总收入为14.34亿美元，同比增长11.0%[39] - 服务收入为9.82亿美元，同比增长19.7%[39] - 产品毛利率为65.7%，服务毛利率为87.8%[39] - 研发投入为1.65亿美元，同比增长7.9%[39] - 销售和营销费用为5.01亿美元，同比下降2.8%[39] - 非GAAP净利润为4.40亿美元，同比增长46.4%[43][45] - 非GAAP每股摊薄收益为0.57美元，同比增长50.0%[45][47] - 经营活动产生的现金流为3.42亿美元，自由现金流为3.19亿美元[49] - 总计账单为15.41亿美元，与上年同期持平[50] 未来展望 - 预计2024年全年收入将达58亿至59亿美元，服务收入将达39.75亿至40.25亿美元[17] - 预计2024年全年非GAAP经营利润率将达30.0%至31.5%[17] - 预计2024年全年非GAAP每股收益将达2.13美元至2.19美元[17] 市场地位 - 是Gartner魔力象限中单一供应商SASE领域的领导者，同时也在5个不同的网络安全魔力象限中获得认可[5][23] - 持续投资于快速增长的统一SASE和安全运营市场[5] 财务状况 - 公司现金及现金等价物为22.03亿美元，较上年同期增加[1] - 公司短期投资为11.15亿美元，较上年同期增加[1] - 公司应收账款净额为10.83亿美元，较上年同期减少[1] - 公司存货为3.83亿美元，较上年同期减少[1] - 公司递延收入为59.96亿美元，较上年同期增加[1] - 公司长期债务为9.93亿美元，较上年同期基本持平[1] - 公司归属于普通股股东的权益为2.88亿美元，较上年同期增加[1] 其他 - 公司营业收入和营业利润未披露具体数字[1] - 公司未来业务展望和新产品计划未披露[1] - 公司面临的主要挑战包括供应链问题、地缘政治冲突等[1] - 产品收入为4.519亿美元，同比下降4.4%[7]

As we enter the summer of 2024, cybersecurity stocks are regaining the spotlight. The recent uptick in cyberattacks has highlighted the crucial role of robust cybersecurity measures, propelling the industry to the forefront of essential investments. While other tech sectors like AI and semiconductors have captured much of the market’s attention, cybersecurity presents a unique value proposition, especially for investors looking to diversify into high-growth potential areas that offer both stability and nece ...

In the wake of a worldwide IT outage, Fortinet (NASDAQ: FTNT) has emerged as a key player in the cybersecurity sector. While Microsoft (NASDAQ: MSFT) operating systems using CrowdStrike (NASDAQ: CRWD) experienced crashes due to a faulty update, Fortinet saw its stock price rise. Fortinet’s stock climbed 1.19% to $58.82 as investors sought alternatives to CrowdStrike.Fortinet has garnered significant investor attention, partly due to its upcoming financial results for the fiscal quarter ending June 30, 2024. ...

SUNNYVALE, Calif., Aug. 02, 2024 (GLOBE NEWSWIRE) -- News SummaryFortinet® (NASDAQ:FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced that it has completed the acquisition of Lacework, a cloud security and cloud-native application protection platform (CNAPP) trailblazer, effective August 1, 2024. "The addition of Lacework aligns with Fortinet's commitment to protect our customers with innovative solutions that provide consistent security across on-pre ...

SUNNYVALE, Calif., Aug. 02, 2024 (GLOBE NEWSWIRE) -- News SummaryFortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced that it has completed the acquisition of Lacework, a cloud security and cloud-native application protection platform (CNAPP) trailblazer, effective August 1, 2024. “The addition of Lacework aligns with Fortinet’s commitment to protect our customers with innovative solutions that provide consistent security across on-pr ...

Fortinet (FTNT) is scheduled to report second-quarter 2024 results on Aug 6, after market close.The cybersecurity firm projects revenues between $1.375 billion and $1.435 billion. The Zacks Consensus Estimate for the same is pegged at $1.40 billion, suggesting year-over-year growth of 8.44%.The company forecasts second-quarter non-GAAP earnings in the range of 39-41 cents per share. The consensus mark for earnings is pegged at 41 cents per share, implying a rise of 7.9% from the year-ago figure of 38 cents. ...

In its upcoming report, Fortinet (FTNT) is predicted by Wall Street analysts to post quarterly earnings of $0.41 per share, reflecting an increase of 7.9% compared to the same period last year. Revenues are forecasted to be $1.4 billion, representing a year-over-year increase of 8.4%.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 0.5% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during thi ...

BlackJack3D Investment Thesis Fortinet (NASDAQ:FTNT) is set to report their Q2 FY24 earnings next week on Tuesday, August 6th, after markets close for business. Markets will be looking for additional clarifications on Fortinet’s progress with its SASE products this quarter as well. But more importantly, the focus will be back on the Sunnyvale, CA-headquartered company’s Secure Networking business, which includes their networking and security operating system, FortiOS, that powers their network firewall ...

Fortinet (FTNT) , a leading cybersecurity company, has experienced a significant downturn in its stock price over the past six months, losing approximately 11% and underperforming the Zacks Computer and Technology sector’s return of 15.4%. This decline has left investors questioning whether to maintain their positions or consider selling their shares. To understand the situation, it's crucial to examine the factors contributing to this decline and evaluate the company's prospects.The cybersecurity industry ...