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Fortinet CEO Discusses Q3 2012 Results - Earnings Call TranscriptWed, Oct 17, 2012
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Fortinet's CEO Discusses Q2 2012 Results - Earnings Call TranscriptThu, Jul 26, 2012
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Fortinet's CEO Discusses Q1 2012 Results - Earnings Call TranscriptTue, Apr 24, 2012
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Fortinet's CEO Discusses Q4 2011 Results - Earnings Call TranscriptWed, Feb 1, 2012
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Fortinet's CEO Discusses Q3 2011 Results - Earnings Call TranscriptTue, Oct 25, 2011
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Fortinet's CEO Discusses Q2 2011 Results - Earnings Call TranscriptWed, Jul 20, 2011
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FTNT vs. ETF Alternatives
Company Description
We have pioneered an innovative, high performance network security solution to the fundamental problems of an increasingly bandwidth-intensive network environment and a more sophisticated information technology (“IT”) threat landscape. We are a leading provider of network security appliances and... More
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- | Earnings
- | Dividends
- | M&A
- | On the move
- Friday, March 22, 9:26 AM Fortinet (FTNT) is encroaching on F5's (FFIV) turf by acquiring Coyote Point Systems, a maker of application delivery controllers (ADCs) for SMBs. Fortinet claims Coyote Point's products, which (like F5's) rely on a proprietary OS, complement its core FortiGate unified threat management security hardware, as well as its firewall and denial-of-service appliances. The purchase comes as F5, which sells to enterprises and carriers in addition to SMBs, launches firewall hardware, as well as security modules for its ADCs. Comment! [Tech, M&A]
- Monday, January 14, 2:08 PM John Chambers recently said he gave Chris Young, the SVP in charge of Cisco's (CSCO) security ops, a "blank check" to hire and acquire as necessary over the next 2-3 years. Moreover, sources tell Reuters Cisco has been actively looking for security acquisitions. Chambers' motivation: while Cisco's security ops post modest growth, upstarts such as PANW, FTNT, and FIRE are growing much faster thanks to their focus on segments such as next-gen firewalls, UTM hardware, and IPS systems, products that offer deeper analysis of content/apps than traditional firewalls. 1 Comment [Tech, M&A]
- Friday, January 11, 1:19 PM Fortinet (FTNT -0.1%) has bought content delivery network (CDN) software startup XDN, XDN discloses on its blog. A Fortinet exec tells Light Reading XDN, whose software handles domain name requests and other Web traffic, was purchased to strengthen Fortinet's cloud security management offerings. He adds Fortinet envisions businesses adopting a "hybrid" security model that combines security hardware and cloud services over the long run. Rival Palo Alto Networks has also taken an interest in cloud security services. Comment! [Tech, M&A]
- Wednesday, August 15, 2012, 10:23 AM EMC COO David Goulder re-affirms his company's interest in buying security companies (previous). EMC, whose Q2 security software sales rose 13% Y/Y, has been looking to reduce its storage hardware exposure lately, as storage value-add increasingly shifts to software running on servers. Potential targets include richly-valued names such as Palo Alto Networks, Fortinet, and Sourcefire, and less costly vendors such as Vasco Data, IntraLinks, and Websense. Comment! [Tech, M&A]
- Tuesday, March 13, 2012, 1:24 PM Now that P-E firm Thoma Bravo has sold SonicWALL to Dell, it might turn its sights on acquiring Brocade (BRCD +1.9%), believes FBN's Shelby Seyrafi, who also thinks the deal will spell increased competition for Fortinet (FTNT). Brocade's buyout talks with Blackstone recently broke down. Comment! [Tech, Quick Ideas, M&A]
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chuck holladay: Man of steel able to leap tall buildings able to change clothes in a phone booth! LOL Good job Chines. -
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1ras1: im long but what makes you say that they missed pretty bad...takeover target?
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Chines33: sold out a little early on most around 18.40 got out of last batch at 18.69
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chuck holladay: Now I see looking for a pop tomorrow, you feel like the drop is over done. The man with nerves of steel. Nothing ventured nothing gained.
LATEST REPLIES
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Chines33: sold out a little early on most around 18.40 got out of last batch at 18.69
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chuck holladay: Man of steel able to leap tall buildings able to change clothes in a phone booth! LOL Good job Chines. -
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1ras1: im long but what makes you say that they missed pretty bad...takeover target?
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chuck holladay: Now I see looking for a pop tomorrow, you feel like the drop is over done. The man with nerves of steel. Nothing ventured nothing gained.
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wheelz23: wow, that is a pretty low forecast...it'll be a good daytrade, but wait until the pattern is established before jumping in -
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ninetysouth: Can only respond with a "Really?". Another site mentioned unusual call activity. Where is the SEC when a small retail investor needs them?
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kanishjindal: That's a 10% drop in two days after hitting $21.9 on Wednesday!!
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Stone Fox Capital
$RVBD has 2 massive gaps to fill on its way back to $40. Should run with the market as $RDWR $FTNT confirms tech spending is strong. - View all 1 replies
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John Rayhall: Oh wow FTNT over 25 I remember when it got hammered to 18 a few months ago. My dip buys on RVBD look good.
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Ocean Man: Jan 31. They've crushed estimates last 4 quarters and the recent upgrade said they've increased their dominance of their industry.



