Fortinet, Inc. Stock News

Cybersecurity stocks are great long-term investments for three simple reasons. First, most companies won't shut off their digital defenses to save a few dollars.

The past year has been a rewarding one for Fortinet (FTNT -1.72%) investors. Share prices of the cybersecurity specialist recorded impressive gains of 74%, comprehensively beating the comparable 17% gains recorded by the tech-laden Nasdaq Composite index.

Fortinet Inc (NASDAQ:FTNT ) Annual JPMorgan Global Technology, Media and Communications Conference May 13, 2024 2:30 PM ET Company Participants John Whittle - Chief Operating Officer Christiane Ohlgart - Chief Accounting Officer Conference Call Participants Brian Essex - JPMorgan Brian Essex Alright. Good afternoon, everyone.

Shares of leading cybersecurity juggernaut Fortinet (FTNT -7.51%) were down 8% as of 1:15 p.m. ET on Thursday, according to data provided by S&P Global Market Intelligence.

The cybersecurity stock fell despite beating earnings expectations.

The cybersecurity industry is one of my top industries when ranked attractiveness to investors.

Fortinet, Inc. (NASDAQ:FTNT ) Q1 2025 Earnings Conference Call May 7, 2025 4:30 PM ET Company Participants Aaron Ovadia - Senior Director of Investor Relations Ken Xie - Founder, Chairman and CEO Keith Jensen - CFO Christiane Ohlgart - CAO and Sales Operations Leader John Whittle - COO Conference Call Participants Brian Essex - JP Morgan Tal Liani - Bank of America Gabriela Borges - Goldman Sac...

Highlights Total revenue of $1.54 billion , up 14% year over year Product revenue of $459 million, up 12% year over year Billings of $1.60 billion, up 14% year over year 1 Unified SASE ARR 2 up 26% and Security Operations ARR 2 up 30%, year over year Record first quarter GAAP operating margin of 29% Record first quarter Non-GAAP operating margin of 34% 1 Record Cash flow from operations of $863...