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Fortinet Inc - FTNT STOCK NEWS

Welcome to our dedicated news page for Fortinet (Ticker: FTNT), a resource for investors and traders seeking the latest updates and insights on Fortinet.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Fortinet's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Fortinet's position in the market.

News
Fortinet Converges 5G Dual Modem, AI-Powered Security, and Zero Trust to Securely Connect and Protect Operational Technology
Rhea-AI Summary
Fortinet (NASDAQ: FTNT) announces the FortiGate Rugged 70G with 5G Dual Modem, designed to deliver secure networking capabilities and 5G connectivity to operational technology (OT) environments. The appliance provides industry-leading wireless WAN functionality, high availability, and AI-powered security services. It is compact, ruggedized, and designed to withstand harsh conditions. The primary use case is deploying and managing remote ATMs, offering a seamless, secure, and scalable solution for the banking industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.1%
Tags
AI
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News
Fortinet Announces the Industry’s First Wi-Fi 7–Enabled Secure Networking Solution
Rhea-AI Summary
Fortinet (NASDAQ: FTNT) announced the release of the industry's only comprehensive secure networking solution integrated with Wi-Fi 7, delivering increased speed and capacity. The new FortiAP 441K and FortiSwitch T1024 are designed to support Wi-Fi 7 bandwidth requirements, with the AP delivering up to 2x faster connection speeds and the switch designed to accommodate the increased speed and capacity demands. The solution seamlessly integrates with AIOps and FortiGuard AI-Powered Security Services for unmatched security, visibility, and control.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.7%
Tags
none
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News
Media Advisory: Fortinet Returns to the World Economic Forum Annual Meeting to Offer Cybersecurity Insights
Rhea-AI Summary
Fortinet (FTNT) to collaborate with global leaders at World Economic Forum Annual Meeting in Davos-Klosters, Switzerland to address critical cybersecurity challenges and offer strategic insights for the future
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.43%
Tags
none
News
Fortinet to Announce Fourth Quarter and Full Year 2023 Financial Results
Rhea-AI Summary
Fortinet (FTNT) will hold a conference call to discuss its fourth quarter and Full Year 2023 financial results on Tuesday, February 6, at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time). The conference call will be broadcast live in listen-only mode on the company’s investor relations website. The CEO and CFO’s prepared remarks, supplemental slides, and a call replay will be accessible from the Quarterly Earnings page on Fortinet's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.28%
Tags
earnings
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News
Fortinet Advances the Industry’s Most Comprehensive Operational Technology Security Platform
Rhea-AI Summary
Fortinet (NASDAQ: FTNT) announced the release of new, integrated operational technology (OT) security solutions and services, including the FortiSwitch 424F, FortiExtender Vehicle 211F, and enhanced FortiGuard OT Security Service. These additions aim to provide integrated protection and risk management specific to industrial environments, addressing the rising attacks on critical infrastructure.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.97%
Tags
none
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News
Meet Fortinet Advisor, a Generative AI Assistant that Accelerates Threat Investigation and Remediation
Rhea-AI Summary
Fortinet (NASDAQ: FTNT) introduces Fortinet Advisor, a generative AI (GenAI) assistant, to empower cybersecurity teams with cutting-edge AI technology. This latest innovation aims to protect customers, accelerate threat detection, and mitigate risks. Fortinet Advisor, available within FortiSIEM and FortiSOAR, interprets security incidents, builds complex investigation queries, creates remediation plans, and augments playbook creation. It is continuously updated and refined by Fortinet AI and product specialists. With more than a decade of AI-powered offerings and over 700,000 customers benefiting from AI-powered services, Fortinet remains an industry-leading cybersecurity platform.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.84%
Tags
AI
News
Fortinet Extends its Universal SASE Footprint Through Expanded Strategic Partnership with Digital Realty
Rhea-AI Summary
Fortinet (NASDAQ: FTNT) expands strategic partnership with Digital Realty (NYSE: DLR) to accelerate the global expansion of Fortinet Universal SASE, providing customers with seamless access to cloud-delivered security and connectivity for their distributed workforce.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.52%
Tags
partnership
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News
Media Advisory: Fortinet Returns to World Economic Forum’s Annual Meeting on Cybersecurity
Rhea-AI Summary
Fortinet (NASDAQ: FTNT) announces its participation in the World Economic Forum's Annual Meeting on Cybersecurity in Geneva, Switzerland, from November 13-15. The company emphasizes the importance of collaboration across sectors to address cyber risks and ensure collective cyber resilience. Fortinet will contribute expertise to sessions, including 'Cyber Resilient Ecosystems: The Missing Link' led by Derek Manky, Chief Security Strategist and Global Vice President Threat Intelligence.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.02%
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none
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News
Fortinet Reports Third Quarter 2023 Financial Results
Rhea-AI Summary
Fortinet announces financial results for Q3 2023, with total revenue of $1.33 billion, up 16% YoY. Service revenue increased by 28% YoY to $868.7 million. Billings reached $1.49 billion, up 6% YoY. Deferred revenue grew by 26% YoY to $5.29 billion. GAAP operating income was $303.2 million, up 14% YoY. Non-GAAP operating income was $371.4 million, up 14% YoY. GAAP diluted net income per share was $0.41, up 41% YoY. Cash flow from operations was $551.2 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.35%
Tags
earnings
News
Fortinet Sharpens Business Focus on Core Growth Areas to Extend Leadership Position and Drive Continued Innovation in Cybersecurity
Rhea-AI Summary
Fortinet announces a sharpened business focus on Secure Networking, Universal SASE, and Security Operations markets. The company will prioritize R&D and GTM strategies in these areas to drive global business expansion. The Secure Networking market is expected to grow at 9% annually to $86 billion by 2027. The Universal SASE market is expected to grow at nearly 20% annually to $36 billion by 2027.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.35%
Tags
none
Stock FTNT logo
Fortinet Inc

Nasdaq:FTNT

FTNT Rankings

#254 Ranked by Market Cap
#2083 Ranked by Stock Gains
N/A Ranked by Dividends

FTNT Stock Data

50.70B
641.03M
16.27%
70.02%
1.73%
Computer Terminal and Other Computer Peripheral Equipment Manufacturing
Manufacturing
Link
US
Sunnyvale

About FTNT

fortinet (nasdaq: ftnt) is a worldwide provider of network security appliances and the market leader in unified threat management (utm). our products and subscription services provide broad, integrated and high-performance protection against dynamic security threats while simplifying the it security infrastructure. our customers include enterprises, service providers and government entities worldwide, including the majority of the 2010 fortune global 100. fortinet’s flagship fortigate product delivers asic-accelerated performance and integrates multiple layers of security designed to help protect against application and network threats. fortinet’s broad product line goes beyond utm to help secure the extended enterprise – from endpoints, to the perimeter and the core, including databases and applications. fortinet is headquartered in sunnyvale, calif., with offices around the world.