Welcome to our dedicated page for Fortinet news (Ticker: FTNT), a resource for investors and traders seeking the latest updates and insights on Fortinet stock.
Fortinet (FTNT) provides cybersecurity solutions through its integrated Security Fabric platform. This page aggregates official announcements and verified news about the company’s strategic initiatives, product developments, and market position.
Investors and professionals will find timely updates on earnings reports, network security innovations, and partnership announcements. All content is curated to support informed analysis of Fortinet’s performance in the cybersecurity sector.
Key updates include product launches, threat intelligence advancements, and operational milestones related to Fortinet’s unified threat management solutions. Bookmark this page for streamlined access to critical updates about ASIC-accelerated security technologies and enterprise cybersecurity trends.
Fortinet has launched a new Security Awareness and Training service to enhance employee cybersecurity skills and knowledge. The service, developed by the Fortinet Training Institute, is informed by FortiGuard Labs threat intelligence and aims to help organizations strengthen their security posture against cyber threats. According to a recent survey, 73% of organizations experienced intrusions linked to cybersecurity skill gaps. The training aligns with NIST 800-50 and NIST 800-16 guidelines and addresses increasing ransomware threats, which rose by 10.7x in 2021.
Fortinet (NASDAQ: FTNT) announced a conference call scheduled for May 4, 2022, at 1:30 PM Pacific Time to discuss its Q1 2022 financial results. The call will be broadcast live on their investor relations website. Participants can access the call by dialing designated domestic and international numbers with a conference ID. Fortinet is a leader in integrated cybersecurity solutions, serving over 565,000 customers globally.
Fortinet (NASDAQ: FTNT) has announced the release of FortiOS 7.2, enhancing its cybersecurity solutions with over 300 new features. The updates aim to strengthen the convergence of networking and security across various platforms, crucial for managing today's hybrid networks. New AI-powered security services, including Inline Sandbox and Advanced Device Protection, focus on real-time threat prevention and improved operational efficiency. Following 20 years of research and development, Fortinet positions itself as a leader in the cybersecurity landscape, crucial for digital acceleration.
Spectrotel, a leading integrated communication provider, announced that its Secure SD-WAN service, powered by Fortinet, received the 2022 INTERNET TELEPHONY SD-WAN Product of the Year Award. This award recognizes innovation and execution in software-based networking tools. The Secure SD-WAN offers nationwide coverage, application layer security, and quality-based traffic management. As remote work becomes prevalent, this service provides a streamlined solution for integrated networking and security, allowing customers to manage their operations effectively.
Fortinet (NASDAQ: FTNT), a leader in integrated cybersecurity solutions, announced the addition of five new service providers to its managed service portfolio, enhancing its Secure SD-WAN offering. These providers include Etihad Atheeb Telecom, Microland, Radius Telecoms, Spectrotel, and TIME dotCom. This expansion facilitates security-driven networking and supports the Zero Trust Edge architecture, addressing the demands of a work-from-anywhere environment. Fortinet continues to receive recognition from industry analysts, solidifying its position as a leading SD-WAN vendor.
Orange Business Services and Fortinet are partnering to enhance Secure Access Service Edge (SASE) solutions, integrating Fortinet's security technologies into Orange's cloud infrastructure. This collaboration aims to optimize cloud performance for both office and remote users while reinforcing security across enterprises. The partnership is expected to add significant value to existing SD-WAN customers and supports a 'work from anywhere' strategy, enabling dynamic secure internet access for various enterprises, driven by zero-trust network access.
Fortinet (NASDAQ: FTNT) has announced the suspension of all operations in Russia, ceasing sales, support, and professional services due to the ongoing conflict in Ukraine. CEO Ken Xie expressed concern over the situation and emphasized the company's commitment to safety and support for affected employees and customers. Fortinet is actively collaborating with global partners to defend against Russian cyberattacks and assist governments in cybersecurity efforts. Additionally, the company has initiated an employee matching campaign to support NGOs aiding Ukraine.
Fortinet (NASDAQ: FTNT) released its Global Threat Landscape Report, detailing an increase in the speed and sophistication of cyberattacks in the second half of 2021. The report reveals that cyber threats are evolving, particularly in the Log4j vulnerabilities which exhibited unprecedented exploit speeds. New attack vectors are emerging, especially targeting Linux systems, with malware detections quadrupling. Ransomware remains a persistent threat, with actors adopting more destructive tactics. Organizations are urged to implement AI-powered security solutions and adopt a zero trust approach to mitigate risks.
Fortinet (FTNT) reported robust financial results for Q4 and full year 2021, featuring a total revenue of $963.6 million, up 29% year over year. Product revenue grew 31% to $378.9 million, while service revenue reached $584.7 million, up 27%. For the full year, revenue was $3.34 billion, with an increase of 29%. The company expects Q1 2022 revenue between $865 million and $895 million and FY 2022 revenue between $4.275 billion and $4.325 billion.
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