Key Developments: Fortinet Inc (FTNT.O)

FTNT.O on Nasdaq

26.42USD
19 Sep 2014
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Latest Key Developments (Source: Significant Developments)

Fortinet Inc gives Q3, FY 2014 mixed guidance - Conference Call
Wednesday, 23 Jul 2014 04:30pm EDT 

Fortinet Inc:Expects Q3 2014 total revenue to be in the range of $182 million to $185 million.Expects Q3 2014 non-GAAP earnings per share to be about $0.11 per share.Expects FY 2014 total revenue to be in the range of $735 million to $740 million.Expects FY 2014 non-GAAP earnings per share to be in the range of about $0.47 per share to $0.48 per share.Q3 2014 revenue of $177 million and EPS of $0.13 - Thomson Reuters I/B/E/S.FY 2014 revenue of $714 million and EPS of $0.50 - Thomson Reuters I/B/E/S.  Full Article

Alcatel Lucent initiates network security patent infringement litigation against Fortinet
Monday, 19 May 2014 08:00pm EDT 

Alcatel Lucent SA:On May 1, Alcatel Lucent filed lawsuit against Fortinet in Delaware on seven patents that Alcatel Lucent believes are being infringed by Fortinet products and services.  Full Article

Fortinet Inc gives Q2 2014 guidance; EPS guidance below analysts' estimates - Conference Call
Wednesday, 23 Apr 2014 04:30pm EDT 

Fortinet Inc:Expects Q2 2014 revenues to be in the range of $169-$172 million.Expects Q2 2014 non-GAAP earnings per share to be about $0.10 per share based on an expected diluted share count in the range of 168 million to 170 million shares.Q2 2014 revenue of $169 million and EPS of $0.11 - Thomson Reuters I/B/E/S.  Full Article

Global Satellite Operator selects Fortinet Inc's for secure messaging
Monday, 3 Feb 2014 09:00am EST 

Fortinet Inc:Says Eutelsat SA has deployed FortiMail-400C secure messaging appliances to help protect its global employees from email spam and malware.  Full Article

Fortinet Inc gives Q1 2014 guidance; EPS guidance below analysts' estimates - Conference Call
Wednesday, 29 Jan 2014 04:30pm EST 

Fortinet Inc:Says for Q1 2014, total revenue is expected to be in the range of $155 million to $159 million.Says for Q1 2014, it expect non-GAAP earnings-per-share (EPS) to be about $0.08 based on an expected diluted share count in the range of 167 million to 169 million.Q1 2014 revenue of $155 million and EPS of $0.12 - Thomson Reuters I/B/E/S.  Full Article

Fortinet Inc appoints Andrew Del Matto as CFO
Friday, 20 Dec 2013 09:02am EST 

Fortinet Inc:Says appointment of Andrew Drew Del Matto as the company's Chief Financial Officer (CFO).  Full Article

Fortinet Inc announces $200 million share repurchase program
Monday, 9 Dec 2013 09:00am EST 

Fortinet Inc:Says its board of directors has authorized a share repurchase program of up to $200 million through Dec. 31, 2014.Says share repurchases may be made by the company from time to time in privately negotiated transactions or in open market transactions.  Full Article

Fortinet Inc and SRI Partner for network security for industrial enterprises
Monday, 9 Dec 2013 09:00am EST 

Fortinet Inc and SRI International:Says they have entered a strategic alliance agreement to collaborate on research relating to differentiated network security for Supervisory Control and Data Acquisition (SCADA) systems.Says SCADA systems are computer networks and devices that work in concert to monitor and control key processes involved in the management of machinery, equipment, and facilities.  Full Article

Fortinet Inc and Willis College to expand partnership to create new cyber-security jobs in ottawa
Wednesday, 4 Dec 2013 09:00am EST 

Fortinet Inc:Extends its relationship with Willis College of Business, Technology and Healthcare in Ottawa (Ontario, Canada) in order to train future employees.Says Fortinet and Willis College are working together to develop a new Advanced Network Security Professional Program focused on developing technical and professional skills necessary to design, implement and support the security requirements of complex networks.  Full Article

Fortinet Inc announces CFO transition
Wednesday, 27 Nov 2013 04:15pm EST 

Fortinet Inc:Says Nancy Bush has been appointed as the Company's Interim Chief Financial Officer.Says She is replacing Ahmed Rubaie, who will be departing as the Company's Chief Financial Officer and Chief Operating Officer for personal reasons.  Full Article

Fortinet profit beats estimate as hi-end software demand rises

- Enterprise network security services provider Fortinet Inc reported a quarterly profit and revenue above analysts' average expectation, helped by strong demand for its hi-end software security products.

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