Fortinet Inc

NASDAQ:FTNT   3:59:58 PM EDT
52.68
+1.72 (+3.38%)
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Market Cap (Intraday)41.54B
Current PE61.66
Forward PE 50.17
2yr Forward PE 40.21
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Estimates Current Quarter
Revenue$1.12 Billion
Adjusted EPS$0.27
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10-Day MA$50.76
50-Day MA$52.14
200-Day MA$58.99
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Fortinet Inc Stock, NASDAQ:FTNT

899 Kifer Road, Sunnyvale, California 94086
Phone: +1.408.235.7700
Number of Employees: 10195

Description

Fortinet, Inc. provides cybersecurity solutions to a variety of businesses, such as enterprises, communication service providers and small businesses. It operates through the following segments: Network Security, Infrastructure Security, Cloud Security, and Endpoint Protection, Internet of Things and Operational Technology. The Network Security segment includes the majority of product sales from its FortiGate network security appliances. The Infrastructure Security segment provides a platform, which is an architectural approach that protects the entire digital attack surface, including network core, endpoints, applications, data centers and private and public clouds. Together with its network of Fabric-Ready Partners, the Fortinet Security Fabric platform enables disparate security devices to work together as an integrated, automated, and collaborative solution. The Cloud Security segment provides help to customers to connect securely to and across their cloud environments by offering security through its virtual firewall and other software products in public and private cloud environments. The Endpoint Protection, Internet of Things and Operational Technology segment includes the proliferation of Internet of Things (IoT) and an Operational Technology (OT). IoT and OT have created an environment where data moves freely between devices across locations, network environments, remote offices, mobile workers and public cloud environments, making the data difficult to consistently track and secure. The company was founded by Ken Xie and Michael Xie in October 2000 and is headquartered in Sunnyvale, CA.