Edition:
United States

Fortinet Inc (FTNT.OQ)

FTNT.OQ on NASDAQ Stock Exchange Global Select Market

57.34USD
11:05am EDT
Change (% chg)

$-0.07 (-0.12%)
Prev Close
$57.41
Open
$57.28
Day's High
$57.61
Day's Low
$57.21
Volume
54,142
Avg. Vol
566,127
52-wk High
$57.98
52-wk Low
$35.44

Latest Key Developments (Source: Significant Developments)

Fortinet Appoints Keith Jensen To Interim CFO
Monday, 5 Feb 2018 04:20pm EST 

Feb 5 (Reuters) - Fortinet Inc ::FORTINET APPOINTS KEITH JENSEN TO INTERIM CHIEF FINANCIAL OFFICER.FORTINET INC - KEITH REPLACES DREW DEL MATTO WHO SERVED AS CHIEF FINANCIAL OFFICER SINCE JANUARY 2014 AND IS DEPARTING FORTINET.  Full Article

Fortinet Q4 GAAP Loss Per Share $0.17
Monday, 5 Feb 2018 04:15pm EST 

Feb 5 (Reuters) - Fortinet Inc ::FORTINET REPORTS FOURTH QUARTER AND FULL YEAR 2017 FINANCIAL RESULTS.Q4 NON-GAAP EARNINGS PER SHARE $0.32.Q4 GAAP LOSS PER SHARE $0.17.Q4 REVENUE ROSE 15 PERCENT TO $416.7 MILLION.QTRLY GAAP DILUTED NET LOSS PER SHARE OF $0.17, INCLUDING IMPACT OF A ONE-TIME TAX EXPENSE OF $63.0 MILLION.SEES Q1 REVENUE IN RANGE OF $387.0 MILLION TO $393.0 MILLION.SEES FY 2018 REVENUE IN RANGE OF $1.695 BILLION TO $1.715 BILLION.SEES FY 2018 NON-GAAP EARNINGS PER SHARE IN RANGE OF $1.30 TO $1.32.SEES Q1 DILUTED NON-GAAP EARNINGS PER SHARE IN RANGE OF $0.21 TO $0.22.‍NET LOSS IN Q4 OF 2017 WAS IMPACTED BY A ONE-TIME TAX EXPENSE OF $63.0 MILLION, OR $0.36 PER SHARE, RESULTING FROM TAX CUTS AND JOBS ACT​.Q4 EARNINGS PER SHARE VIEW $0.29, REVENUE VIEW $408.9 MILLION -- THOMSON REUTERS I/B/E/S.Q1 EARNINGS PER SHARE VIEW $0.22, REVENUE VIEW $389.9 MILLION -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $1.20, REVENUE VIEW $1.69 BILLION -- THOMSON REUTERS I/B/E/S.‍KEITH JENSEN NAMED INTERIM CHIEF FINANCIAL OFFICER , EFFECTIVE FEBRUARY 16, 2018​.JENSEN WILL SUCCEED CFO DREW DEL MATTO AS INTERIM CFO.  Full Article

Fortinet reports Q3 non-GAAP EPS $0.28
Thursday, 26 Oct 2017 04:15pm EDT 

Oct 26 (Reuters) - Fortinet Inc :Fortinet reports third quarter 2017 financial results.Q3 non-GAAP earnings per share $0.28.Q3 GAAP earnings per share $0.15.Q3 revenue $374.2 million versus I/B/E/S view $370.7 million.Sees Q4 2017 revenue $404 million to $412 million.Q3 earnings per share view $0.23 -- Thomson Reuters I/B/E/S.Fortinet Inc - sees Q4 ‍non-GAAP gross margin of 75% to 76%​.Fortinet Inc - sees Q4 ‍non-GAAP operating margin in range of 18% to 19%​.Fortinet Inc - sees ‍Q4 diluted non-GAAP earnings per share of $0.28 to $0.30​.Fortinet Inc - sees ‍FY 2017 revenue in range of $1.482 billion to $1.490 billion​.Fortinet Inc - sees FY 2017 ‍non-GAAP gross margin of 75%​.Fortinet Inc - sees FY 2017 ‍billings in range of $1.772 billion to $1.787 billion​.Fortinet Inc - sees FY 2017 ‍non-GAAP operating margin of 17%​.Fortinet Inc - sees FY 2017 ‍diluted non-GAAP earnings per share of $1.00 to $1.02​.Fortinet Inc - sees ‍Q4 billings in range of $510.0 million to $525.0 million​.Q4 earnings per share view $0.28, revenue view $417.0 million -- Thomson Reuters I/B/E/S.Fy2017 earnings per share view $0.95, revenue view $1.49 billion -- Thomson Reuters I/B/E/S.  Full Article

Fortinet Q2 earnings per share $0.13
Wednesday, 26 Jul 2017 04:15pm EDT 

July 26 (Reuters) - Fortinet Inc :Fortinet reports second quarter 2017 financial results.Q2 non-gaap earnings per share $0.27.Q2 gaap earnings per share $0.13.Q2 revenue $363.5 million versus i/b/e/s view $361.1 million.Sees q3 2017 revenue $367 million to $373 million.Q2 earnings per share view $0.20 -- Thomson Reuters I/B/E/S.Fortinet Inc qtrly billings of $426.9 million, up 14% year over year.Fortinet Inc sees q3 of 2017 billings in range of $417.0 million to $427.0 million.Fortinet Inc sees Q3 of 2017 revenue in range of $367.0 million to $373.0 million.Fortinet Inc sees Q3 of 2017 non-gaap earnings per share of $0.22 to $0.23.Fortinet Inc sees full year 2017 billings in range of $1.775 billion to $1.795 billion.Fortinet Inc sees full year 2017 revenue in range of $1.487 billion to $1.495 billion.Fortinet INC sees full year 2017 non-GAAP earnings per share of $0.94-$0.96.Q3 earnings per share view $0.22, revenue view $372.0 million -- Thomson Reuters I/B/E/S.FY2017 earnings per share view $0.91, revenue view $1.49 billion -- Thomson Reuters I/B/E/S.  Full Article

SentinelOne joins Fortinet's Fabric-Ready program
Monday, 5 Jun 2017 09:00am EDT 

June 5 (Reuters) - Fortinet Inc :Fortinet Inc-fabric ready partnership with sentinelone to deliver SentinelOne's endpoint protection combined with defenses of Fortinet security fabric.Fortinet Inc - as part of program, SentinelOne and Fortinet will work together to validate technology integration with security fabric.  Full Article

Fortinet says expanding to federal sector with launch of public sector unit
Monday, 15 May 2017 09:00am EDT 

May 15 (Reuters) - Fortinet Inc :Fortinet - expanding to federal sector with launch of a public sector subsidiary and a newly-appointed board of directors.  Full Article

Fortinet reports investment in Ubiqube
Tuesday, 9 May 2017 09:00am EDT 

May 9 (Reuters) - Fortinet Inc ::Fortinet announces investment in Ubiqube to bolster cybersecurity automation across multi-vendor environments.Fortinet Inc - co is investing along with co-investors Fujitsu and NTT Docomo ventures.  Full Article

Fortinet reports Q1 GAAP earnings per share $0.06
Thursday, 27 Apr 2017 04:15pm EDT 

April 27 (Reuters) - Fortinet Inc :Fortinet reports first quarter 2017 financial results.Q1 non-GAAP earnings per share $0.17.Q1 GAAP earnings per share $0.06.Q1 revenue rose 20 percent to $340.6 million.Qtrly billings of $403.3 million, up 22% year over year.Q1 earnings per share view $0.15, revenue view $334.5 million -- Thomson Reuters I/B/E/S.  Full Article

Leidos and Fortinet partner to deliver managed security services
Tuesday, 25 Apr 2017 06:45am EDT 

April 25 (Reuters) - Fortinet Inc :Leidos and Fortinet partner to deliver managed security services.Leidos Holdings - have signed partnering agreement for Leidos to act as an expert service provider for fortinet security fabric portfolio of solutions.  Full Article

Fortinet reports Q4 earnings per share $0.14
Thursday, 2 Feb 2017 04:15pm EST 

Fortinet Inc - : Fortinet reports fourth quarter and full year 2016 financial results . Q4 non-gaap earnings per share $0.30 . Q4 gaap earnings per share $0.14 . Q4 revenue $362.8 million versus I/B/E/S view $344.6 million . Q4 earnings per share view $0.21 -- Thomson Reuters I/B/E/S . Qtrly billings of $463.4 million, up 22 pct year over year .Qtrly billings of $463.4 million, up 22 pct year over year.  Full Article

BRIEF-Fortinet Says Collaborated With IBM On New IBM X-Force Threat Management Services

* FORTINET INC - COLLABORATED WITH IBM ON NEW IBM X-FORCE THREAT MANAGEMENT SERVICES Source text for Eikon: Further company coverage: