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    FTNT   US34959E1091

FORTINET, INC.

(FTNT)
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Delayed Nasdaq  -  04:00 2022-12-02 pm EST
53.61 USD   -3.20%
11/29Transcript : Fortinet, Inc. Presents at 6th Annual Wells Fargo TMT Summit, Nov-29-2022 12:25 PM
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11/28Fortinet Launches Managed Cloud-Native Firewall Service to Simplify Network Security Operations, Available Now on AWS
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11/28Fortinet Launches Managed Cloud-Native Firewall Service to Simplify Network Security Operations, Available Now on AWS
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Fortinet : Announces New Secure SD-WAN Appliance for Large & Complex WAN Deployments

10/27/2020 | 08:10am EST

FortiGate 200F Delivers Faster ROI Benefits and High Security Compute Ratings, Expands F-series Product Portfolio Powered by Purpose-built SD-WAN ASIC

'Change is the only constant in life.' - Heraclitus, Greek philosopher

If anything, 2020 has been a year of change. Over the last 9 months, I have had an opportunity to interact with hundreds of customers - and 'change' was the common thread connecting them all. Every organization irrespective of their business vertical or segment is undergoing a transformational change whether it's an evolving business model, having to adapt to a largely remote workforce, or newer IT initiatives with WAN Edge at the center. At Fortinet, change is not resisted, we embrace change to solve the unmet and unarticulated needs of our customers.

Expanding the Fortinet Secure SD-WAN F-series Product Portfolio

Fortinet's SD-WAN journey began years ago, led with a security-driven networking approach that enabled us to deliver the industry's first Secure SD-WAN solution. We have continued to innovate since then, delivering the industry's first purpose-built processor designed to accelerate SD-WAN functionality without compromising on security performance, and offering a fully self-healing SD-WAN solution combined with centralized orchestration to meet the diverse needs of global customers. We've had tremendous success with our FortiGate F-series product portfolio, which is powered by a purpose-built SD-WAN processor. Over the years, we have continued to expand the F-series portfolio to meet changing customer requirements and deployment needs at every edge with multiple variants from built-in LTE, wireless, POE and most recently built-in bypass to deliver reliable connectivity during planned or unplanned outages.

Disclaimer

Fortinet Inc. published this content on 27 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 October 2020 13:09:09 UTC


ę Publicnow 2020
All news about FORTINET, INC.
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Analyst Recommendations on FORTINET, INC.
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Financials (USD)
Sales 2022 4 430 M - -
Net income 2022 817 M - -
Net cash 2022 1 034 M - -
P/E ratio 2022 53,2x
Yield 2022 -
Capitalization 41 882 M 41 882 M -
EV / Sales 2022 9,22x
EV / Sales 2023 7,24x
Nbr of Employees 12 091
Free-Float 81,1%
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Mean consensus BUY
Number of Analysts 32
Last Close Price 53,61 $
Average target price 65,79 $
Spread / Average Target 22,7%
EPS Revisions
Managers and Directors
Ken Xie Chairman & Chief Executive Officer
Michael Xie President, Director & Chief Technology Officer
Keith Franklin Jensen CFO, Chief Accounting Officer & Controller
William H. Neukom Lead Independent Director
Judith Sim Independent Director
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