Check Point Software Technolgies

FireEye (FEYE) employs malware sandboxing technology to identify advanced security threats before they intrude and infect a network.

Fortinet (FTNT) fell 13.3% on November 2 to close at $72.56.

Cybersecurity (HACK) stock FireEye (FEYE) has taken investors on a volatile ride over the last few years.

Fortinet managed to increase sales by 17.7% in the fourth quarter

Fortinet (FTNT) has managed to improve profitability over the years with sales growth.

Analysts expect Fortinet’s sales to rise 16% in fiscal 2019 to $2.09 billion, 13.2% in 2020 to $2.37 billion, and 11% to $2.62 billion in 2021.

FireEye (FEYE) is not yet GAAP-profitable. Though the company has managed to improve its net margin from -104% in 2014 to -29.3% in 2018, it’s likely to improve to -12.5% by 2021.

Symantec announced the acquisition of Fireglass in early July 2017.

Several prominent cybersecurity stocks rose on Wednesday, June 28, following the Petya ransomware attack.

Investment in Israeli cybersecurity companies rose 23% from $560 million in 2015 to $689 million in 2016.

A leader in the data loss prevention space Earlier in this series, we discussed Symantec’s (SYMC) Enterprise Security segment’s performance in fiscal 2Q17. We also learned that Symantec was recognized as a leader in endpoint protection. Additionally, it launched SEP (Symantec Endpoint Protection) 14 and SEP Cloud. These launches ensured that “Symantec the only company with […]

Palo Alto Networks, which operates in the cyber security space, is growing fast. The industry is expected to grow from $77 billion in 2015 to $170 billion in 2020.