Edition:
United States

Fortinet Inc (FTNT.O)

FTNT.O on Nasdaq

30.56USD
8 Dec 2016
Change (% chg)

$-0.20 (-0.65%)
Prev Close
$30.76
Open
$30.69
Day's High
$30.94
Day's Low
$30.40
Volume
2,135,710
Avg. Vol
2,160,168
52-wk High
$37.48
52-wk Low
$23.16

Latest Key Developments (Source: Significant Developments)

Fortinet qtrly GAAP earnings per share $0.01
Thursday, 28 Jul 2016 04:15pm EDT 

Fortinet Inc : Fortinet reports q2 2016 financial results . Qtrly gaap earnings per share $0.01 . Qtrly non-GAAP earnings per share $0.14 . Qtrly revenue of $311.4 million, up 30% year over year . Q2 earnings per share view $0.14, revenue view $304.8 million -- Thomson Reuters I/B/E/S .Qtrly billings of $373.8 million, up 26% year over year.  Full Article

Fortinet announces acquisition of Accelops
Tuesday, 7 Jun 2016 09:34am EDT 

Fortinet Inc : Fortinet announces acquisition of accelops .Does not expect transaction to have a material impact on company's q2 or full year 2016 financial guidance.  Full Article

Fortinet paid about $28 mln in cash in connection with acquisition of Accelops - SEC filing
Tuesday, 7 Jun 2016 09:25am EDT 

Fortinet Inc : Paid approximately $28 million in cash in connection with acquisition of Accelops, inc .To pay up to an additional $4 million in cash consideration, subject to future performance - sec filing.  Full Article

Fortinet announces new $200 million share repurchase program
Thursday, 28 Jan 2016 04:17pm EST 

Fortinet Inc:Board of Directors has authorized a new share repurchase program of up to $200 million through December 31, 2017.  Full Article

Cap Gemini announces global partnership with Fortinet
Thursday, 1 Oct 2015 02:30am EDT 

Cap Gemini SA:Announces global partnership with Fortinet Inc in cybersecurity.  Full Article

Fortinet Inc selected to secure Black Hat USA
Monday, 20 Jul 2015 09:00am EDT 

Fortinet Inc:Says that it has been chosen by Black Hat to help secure the entire event network environment for attendees, participants and staff at 2015 U.S. Black Hat conference, taking place in Las Vegas, August 1-6.  Full Article

Fortinet announces agreement to acquire Meru Networks
Wednesday, 27 May 2015 09:00am EDT 

Fortinet:Definitive agreement for Fortinet to acquire Meru.Says acquisition is synergistic with Fortinet's secure wireless vision and enterprise growth focus, broadens the company's solutions portfolio, and expands its opportunity to uniquely address the $5B global enterprise Wi-Fi market with integrated and intelligent secure wireless solutions.  Full Article

Fortinet Signs Collaborative Research and Development Agreement With U.S. Department of Homeland Security
Monday, 18 May 2015 08:00am EDT 

Fortinet:Signs Collaborative Research and Development Agreement (CRADA) with the Department of Homeland Security.Says With the CRADA in place, Fortinet can share and gain access to new threat information in order to help improve threat detection and prevention for users of Fortinet security solutions.  Full Article

Fortinet Inc partners with NTT Communications to power their cloud managed security services
Tuesday, 3 Feb 2015 09:37am EST 

Fortinet Inc:Says that NTT Communications Corporation (NTT Com), the ICT solutions and international communications business within the NTT Group, has chosen Fortinet's security platform.To strengthen its new cloud managed security services, targeted at enterprises conducting business in Japan and overseas.NTT Com's cloud service Enterprise Cloud and managed security services WideAngle are now backed by Fortinet's FortiGate -VM virtual network security appliance and FortiGuard subscription services.The increasing volume and sophistication of security threats, coupled with enterprises' need for easy operation of security systems, are driving demand for cloud-based managed services.To meet that growing demand, the global ICT service provider NTT Com has launched the world's first, among global service providers, FortiGate-VM based one-stop managed security services, combining Enterprise Cloud and WideAngle.Increasing volume and sophistication of security threats, coupled with enterprises' need for easy operation of security systems, are driving demand for cloud-based managed services.To meet that growing demand, the global ICT service provider NTT Com has launched the world's first, among global service providers, FortiGate-VM based one-stop managed security services, combining Enterprise Cloud and WideAngle.With this partnership, NTT Com's Enterprise Cloud now provides cloud-based managed security services powered by Fortinet's FortiGate-VM as an optional offering.  Full Article

Fortinet Inc gives Q1, FY 2015 mixed guidance - Conference Call
Wednesday, 28 Jan 2015 04:30pm EST 

Fortinet Inc:Expects FY 2015 total revenue to be in the range of $915 million to $925 million.Expects FY 2015 non-GAAP earnings per share to be in the range of about $0.49 per share to $0.50 per share.Says Q1 2015 total revenue is expected to be in the range of $200 million to $205 million.Expects Q1 2015 non-GAAP earnings per share to be about $0.06 per share.Q1 2015 revenue of $199 million and EPS of $0.12 - Thomson Reuters I/B/E/S.FY 2015 revenue of $878 million and EPS of $0.59 - Thomson Reuters I/B/E/S.  Full Article

BRIEF-Fortinet Q3 GAAP earnings per share $0.04

* Q3 revenue $316.6 million versus I/B/E/S view $314.3 million