The near-term weakness that this cybersecurity stock is facing could eventually pave the way for stronger long- term growth thanks to AI. Technology stocks have been in fine form in the past year, which is evident from the 50% gains clocked by the Nasdaq-100 Technology Sector index during this period. But not all tech stocks have benefited from the broader market's surge. Fortinet (FTNT 0.31%) is one of them. Shares of the cybersecurity company are down 11% in the past year, and the latest quarterly results ...

TAMPA, Fla., May 15, 2024 /PRNewswire/ -- DGR Systems (DGR), a next generation technology solutions integrator, announced today they have been named a Fortinet Engage Preferred Services Partner (EPSP). This exclusive program recognizes elite Fortinet partners that have invested significantly in a service delivery model that ensures customer outcomes are delivered in a highly competent and professional manner. Fortinet continues to differentiate themselves through highly competent, value-aligned, integrated, ...

公司业绩 - 公司2024年第一季度收入达到13.5亿美元，同比增长7%[2] - 公司提高了2024年全年业绩预期，预计收入将达到57.45亿至58.45亿美元，同比增长超过9%[3] - 公司现金和短期投资增加至30亿美元，长期债务仅为9.93亿美元[4] 业务发展 - 公司的软件服务业务增长迅速，年增长率达到24%[7] - 公司正在调整以满足新的网络安全需求，推出了新的安全接入服务边缘(SASE)等产品[10] - 公司推出新的SASE和其他网络安全服务，预计在2024年下半年将重新加速扩张[12] 投资前景 - 公司目前是投资组合中的核心网络安全持仓之一，未来预期可能会带来长期投资机会[14]

Thomas Barwick Investment Thesis In one of my previous articles, I made the analogy that the stock market is like a manic depressive friend who is usually high functioning but who occasionally goes off their meds and gets either irrationally exuberant or depressed in their valuations of companies. The latter of the two scenarios has come to be for the cybersecurity company Fortinet (NASDAQ:FTNT). The recent release of FTNT's Q1 earnings was met by an almost 10% decline in the share price. While the results ...

SUNNYVALE, Calif., May 07, 2024 (GLOBE NEWSWIRE) -- RSA Conference 2024 Jim Richberg, Head of Cyber Policy and Global Field CISO at Fortinet "At Fortinet, we have a long-standing commitment to being a role model in ethical and responsible product development and vulnerability disclosure. As part of this dedication, Fortinet has proactively aligned to international and industry best practices and upholds the highest security standards in every aspect of our business. We applaud CISA's continued call to the i ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Fortinet. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-34511 ______________________________________ FORTINET, INC. (Exact name of registrant as specified in its cha ...

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Did you analyze how Fortinet (FTNT) fared in its international operations for the quarter ending March 2024? Given the widespread global presence of this network security company, scrutinizing the trends in international revenues becomes imperative to assess its financial strength and future growth possibilities. In the modern, closely-knit global economic landscape, the capacity of a business to access foreign markets is often a key determinant of its financial well-being and growth path. Investors now pla ...

SUNNYVALE, Calif., May 06, 2024 (GLOBE NEWSWIRE) -- RSA Conference 2024 Derek Manky, Chief Security Strategist and Global VP Threat Intelligence, FortiGuard Labs "The 2H 2023 Global Threat Landscape Report from FortiGuard Labs continues to shine a light on how quickly threat actors are taking advantage of newly disclosed vulnerabilities. In this climate, both vendors and customers have a role to play. Vendors must introduce robust security scrutiny at all stages of the product development life cycle and ded ...