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Fortinet Reports Fourth Quarter and Full Year 2023 Financial Results

Fortinet Reports Fourth Quarter and Full Year 2023 Financial Results

Fourth Quarter 2023 Highlights Total revenue of $1.42 billion, up 10.3% year over year Billings of $1.86 billion, up 8.5% year over year1 GAAP operating income of $385 million Non-GAAP operating income of $454 million1 GAAP operating margin of 27.2% Non-GAAP operating margin of 32.0%1 Cash paid for share repurchases of $896 million Full Year 2023 [...]

Fortinet Announces the Industry’s First Wi-Fi 7–Enabled Secure Networking Solution

Fortinet Announces the Industry’s First Wi-Fi 7–Enabled Secure Networking Solution

New Wi-Fi 7 access point and 10 Gigabit Power over Ethernet switch unlock 2x faster speeds and increased capacity for Fortinet’s integrated portfolio of secure wired and wireless offerings SUNNYVALE, Calif., Jan. 16, 2024 (Korea Bizwire) – Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced the industry’s only [...]

Fortinet Advances the Industry’s Most Comprehensive Operational Technology Security Platform

Fortinet Advances the Industry’s Most Comprehensive Operational Technology Security Platform

New FortiSwitch 424F, FortiExtender Vehicle 211F, and enhanced FortiGuard OT Security Service were designed specifically to connect and protect OT environments SUNNYVALE, Calif., Dec. 18, 2023 (Korea Bizwire) – Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced the latest release of new, integrated operational technology (OT) security solutions [...]

Fortinet Sharpens Business Focus on Core Growth Areas to Extend Leadership Position and Drive Continued Innovation in Cybersecurity

Fortinet Sharpens Business Focus on Core Growth Areas to Extend Leadership Position and Drive Continued Innovation in Cybersecurity

Concentration on Secure Networking, Universal SASE, and Security Operations markets, including strategic R&D and GTM investments, will accelerate Fortinet’s global business expansion SUNNYVALE, Calif., Nov. 02 (Korea Bizwire) – News Summary Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced that it is sharpening its business focus to [...]

Fortinet Expands Its Global SASE Points-of-Presence with Google Cloud

Fortinet Expands Its Global SASE Points-of-Presence with Google Cloud

Google Cloud Network’s Global Network Edge Locations Will Expand Fortinet’s POP Coverage for Universal SASE Customers SUNNYVALE, Calif., Oct. 16, 2023 (Korea Bizwire) – News Summary Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced the expansion of its SASE Points-of-Presence (POPs) to new locations through a partnership [...]

Fortinet Launches New High-Performance Switches to Securely Connect the Modern Campus

Fortinet Launches New High-Performance Switches to Securely Connect the Modern Campus

FortiSwitch 600 and 2000 deliver intelligent, scalable connectivity that seamlessly integrates with AIOps and FortiGuard AI-Powered Security Services SUNNYVALE, Calif., Oct. 09, 2023 (Korea Bizwire) – John Maddison, Chief Marketing Officer and EVP, Product Strategy at Fortinet “Fortinet has delivered secure switching solutions for 20 years, making it uniquely positioned to empower customers with a [...]

Fortinet Recognized as a Leader in the 2023 Gartner® Magic Quadrant™ for SD-WAN for the Fourth Year in a Row and Highest in Ability to Execute Three Times

Fortinet Recognized as a Leader in the 2023 Gartner® Magic Quadrant™ for SD-WAN for the Fourth Year in a Row and Highest in Ability to Execute Three Times

Fortinet is the only recognized Leader to be positioned highest in Ability to Execute for three consecutive years SUNNYVALE, Calif., Oct. 03, 2023 (Korea Bizwire) – John Maddison, Chief Marketing Officer and EVP, Product Strategy at Fortinet “Fortinet serves tens of thousands of secure SD-WAN enterprise customers, offers the world’s only SD-WAN ASIC solution, and [...]

Fortinet Expands its SASE Solution to Bring Cloud-Delivered Enterprise-Grade Protection to Microbranches

Fortinet Expands its SASE Solution to Bring Cloud-Delivered Enterprise-Grade Protection to Microbranches

SUNNYVALE, Calif., Aug. 28 (Korea Bizwire) – John Maddison, Chief Marketing Officer and EVP, Product Strategy at Fortinet “Fortinet is committed to consistently delivering SASE innovations, which is why more organizations are choosing Fortinet to secure and manage their complex hybrid environments and empower hybrid work. With today’s news, customers will be able to leverage [...]

Fortinet Named a Challenger in the 2023 Gartner® Magic Quadrant™ for Single-Vendor SASE

Fortinet Named a Challenger in the 2023 Gartner® Magic Quadrant™ for Single-Vendor SASE

SUNNYVALE, Calif., Aug. 21 (Korea Bizwire) – John Maddison, Chief Marketing Officer and EVP, Product Strategy at Fortinet “Fortinet’s single-vendor SASE solution brings together all of the components needed for comprehensive security across the entire hybrid environment. With unified management and simple licensing, many customers are able to successfully consolidate point products and shift to [...]