Fortinet Inc

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  • Does Palo Alto Pose a Real Competition to FireEye in Cybersecurity?
    Company & Industry Overviews

    Does Palo Alto Pose a Real Competition to FireEye in Cybersecurity?

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

    By Anne Shields
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    Earnings Report

    Can Cisco Continue Revenue Growth in Its Security Business?

    According to IDC, the worldwide security appliance market grew YoY in vendor revenues and unit shipments in 2Q16 (fiscal 4Q16 for Cisco).

    By Adam Rogers
  • uploads///cybersecurity
    Earnings Report

    Is FireEye’s Falling Share Price a Threat to Its Existence?

    FireEye’s massive stock fall since 2015 makes it an ideal acquisition target for established technology companies. Falling stock prices have depressed the company’s valuations.

    By Anne Shields
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    Technology & Communications

    How Could Cyphort’s Acquisition Benefit Juniper Networks?

    In September 2017, Juniper Networks (JNPR) announced that it would acquire software security company Cyphort for an undisclosed sum.

    By Adam Rogers
  • uploads///billings
    Earnings Report

    Palo Alto’s Billings Growth Continues to Exceed Estimates

    Palo Alto’s revenues and billings growth exceeded analysts’ expectations. For fiscal 2016, its billings grew 56% to $1.9 billion.

    By Anne Shields
  • uploads///Billings
    Earnings Report

    How Did Palo Alto Networks’ Deferred Revenues Rise 70% in 1Q16?

    Deferred revenue rose 71% on year-over-year basis to $804.5 million while billings rose 61% to $388 million.

    By Anne Shields
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    Earnings Report

    What Impacted Cisco Systems’ Security Revenues in Fiscal 2Q18?

    In fiscal 2Q18, Cisco’s (CSCO) Security segment posted revenues of $558.0 million, a 6.0% increase compared to $526.0 million in fiscal 2Q17.

    By Adam Rogers
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    Technology & Communications

    What Drove Fortinet Stock Lower on November 2?

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

    By Adam Rogers
  • uploads///recom
    Company & Industry Overviews

    Why Analysts Maintain a Neutral View on Symantec Stock

    The average target price for Symantec provided by 29 analysts came in at $21.10 on August 27.

    By Aaron Hemsworth
  • uploads///PANW
    Earnings Report

    PANW Stock Declines, Guidance Falls below Estimates

    PANW shares have fallen more than 8.5% in pre-market trading today. The company announced its earnings results for the first quarter of 2020 on Monday.

    By Adam Rogers
  • uploads///PING IDENTITY
    Earnings Report

    Ping Identity Stock Surges after Q3 Results

    Ping Identity shares have gained 20% after it announced its quarterly results on Wednesday. The company reported sales of $61.8 million.

    By Adam Rogers
  • uploads///CYBERARK
    Earnings Report

    Why Is CyberArk Stock Soaring Today?

    CyberArk (CYBR) shares are trading close to 11% higher today at the time of this writing. The company announced its third-quarter results today.

    By Adam Rogers
  • uploads///FORTINET
    Technology & Communications

    Fortinet and Qorvo Gain while ANET Sinks After-Hours

    Tech stocks Qorvo (QRVO), Fortinet (FTNT), and Arista Networks (ANET) just reported earnings and are big movers in today’s after-hours trading session.

    By Adam Rogers
  • uploads///CRWD
    Financials

    CRWD Tanks 9.5% after Citi Initiates Coverage with ‘Sell’

    CrowdStrike (CRWD) fell 9.5% today to close at $54.52. Analyst Walter Pritchard initiated coverage on CRWD with a “sell” rating and a target price of $43.

    By Adam Rogers
  • uploads///CyberArk
    Earnings Report

    CyberArk Stock Down 10.0% despite Earnings Beat

    CyberArk announced impressive second-quarter earnings results on August 7, but it was down over 10.0% in the first hour of trading. Why?

    By Adam Rogers
  • uploads///conference room _
    Technology & Communications

    How Broadcom Plans to Benefit from Its Upcoming Acquisition

    Yesterday, after it was reported that Broadcom was in late-stage talks to acquire Symantec, its stock fell 3.5%. Here’s why.

    By Adam Rogers
  • uploads///FTNT
    Company & Industry Overviews

    A Look at Fortinet’s Total Addressable Market

    Fortinet (FTNT) is one of the largest players in the cybersecurity space.

    By Adam Rogers
  • uploads///fortinet capex to sales
    Earnings Report

    What Are Fortinet’s Valuation Multiples?

    Fortinet (FTNT) is expected to grow sales by double-digit rates over the next few years.

    By Adam Rogers
  • uploads///Fortinet market share
    Company & Industry Overviews

    Fortinet Gains Market Share in Worldwide Security Segment

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

    By Adam Rogers
  • uploads///fortinet ebitda
    Earnings Report

    How Fortinet’s Earnings Growth Has Trended

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

    By Adam Rogers
  • uploads///fortinet sales growth
    Earnings Report

    What Are Fortinet’s Key Revenue Drivers for 2019 and Beyond?

    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.

    By Adam Rogers
  • uploads///Fireeye operating margin
    Earnings Report

    What Could Drive FireEye Shares Higher

    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.

    By Adam Rogers
  • uploads///hacker _
    Earnings Report

    Exploring Analysts’ Q1 Revenue, Earnings Estimates for Proofpoint

    High-growth cybersecurity company Proofpoint (PFPT) is scheduled to announce its first-quarter earnings results on April 25.

    By Adam Rogers
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    Technology & Communications

    Is Fortinet Stock Overvalued after Generating Huge Returns?

    Cybersecurity (HACK) stock Fortinet (FTNT) has generated returns of 68% in the last 12 months.

    By Adam Rogers
  • uploads///security _
    Company & Industry Overviews

    Analyzing Symantec’s Partnership with Fortinet

    On December 11, Symantec announced that it will partner with Fortinet (FTNT) to provide comprehensive security solutions.

    By Puneet Sikka
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    Company & Industry Overviews

    What Next for Imperva?

    Imperva (IMPV) now looks to be firmly on track to be acquired by Thoma Bravo after its go-shop window closed.

    By Ruchi Gupta
  • uploads///valuation
    Company & Industry Overviews

    Why FireEye Stock Is Overvalued

    On October 11, FireEye (FEYE) was trading at a forward EV-to-EBITDA multiple of ~26.1x as compared to the industry average of 8.1x.

    By Aaron Hemsworth
  • uploads///laptop _
    Technology & Communications

    What Affected Symantec Stock in May?

    Shares of cybersecurity (HACK) company Symantec (SYMC) fell 25% in May and closed at $20.78.

    By Adam Rogers
  • uploads///SECURITY APPLIANCE
    Company & Industry Overviews

    Cisco Leads in Security Appliances—But for How Long?

    Cisco Systems (CSCO), with its 15.9% market share, retained its lead in the security appliance market in calendar 2Q17.

    By Anne Shields
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    Earnings Report

    Inside Cisco’s Security Segment: Revenue Outlook for Fiscal 1Q18

    In fiscal 2017, Cisco’s Security segment generated revenues of $2.2 billion—a rise of 9% YoY, compared with its revenues of $2 billion in fiscal 2016.

    By Adam Rogers
  • uploads///analysts recommendation
    Technology & Communications

    How Wall Street Analysts View Symantec Stock

    Of the 28 analyst recommendations for Symantec stock, there was only one “sell” recommendation on August 24, 2017. More than 50% of the recommendations were “hold,” and the rest were “buy.”

    By Anne Shields
  • uploads///Mkt cap
    Company & Industry Overviews

    Cisco’s Value Proposition in the Cybersecurity Space

    Recurring revenues made up 31% of Cisco’s total fiscal 3Q17 revenues compared to 29% in fiscal 3Q16.

    By Anne Shields
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    Earnings Report

    How Juniper Networks Performed in 1Q17

    Juniper Networks (JNPR) announced its 1Q17 results on April 25, 2017, and reported revenues of ~$1.2 billion. Its revenues fell 12% sequentially and rose 11% year-over-year.

    By Adam Rogers
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    Company & Industry Overviews

    Why Juniper Networks Expects Revenue Growth in Fiscal 2017

    Juniper reported revenue of $1.4 billion in 4Q16, a rise of 5.0% YoY and 8.0% QoQ. Non-GAAP net income rose 3.0% YoY and 15.0% QoQ.

    By Adam Rogers
  • uploads///Mkt cap
    Company & Industry Overviews

    Where Does Cisco Stand in the Cybersecurity Space?

    On January 30, 2017, Cisco was the largest global player in the security space by market capitalization.

    By Anne Shields
  • uploads///Mkt cap
    Company & Industry Overviews

    FireEye’s Value Proposition in the Cybersecurity Space

    Cisco Systems is considered a leader in security appliances, but IDC recently stated that Palo Alto, with its 17.1% market share, leads the security market.

    By Anne Shields
  • uploads///CASB
    Earnings Report

    What Symantec’s Data Loss Prevention Could Gain from Blue Coat

    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 […]

    By Anne Shields
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    Earnings Report

    How Did Juniper Networks Perform in 3Q16?

    Juniper Networks (JNPR) announced its 3Q16 results on October 25, 2016, and reported revenues of ~$1.3 billion. Revenues rose 5% sequentially quarter-over-quarter and 3% year-over-year.

    By Adam Rogers
  • uploads///Mkt cap
    Company & Industry Overviews

    What’s Palo Alto’s Value Proposition in the Cybersecurity Space?

    Palo Alto’s forward EV-to-EBITDA multiple was ~43.4x. Cisco’s EV-to-EBITDA multiple was ~6.83x, while Fortinet’s EV-to-EBITDA multiple was 22.24x on August 30.

    By Anne Shields
  • uploads///symantec revenues
    Earnings Report

    Symantec’s Fiscal 1Q17 Results Beat Analysts’ Expectations

    Symantec (SYMC) recently reported its fiscal 1Q17 earnings. Its reported revenues and non-GAAP earnings per share of $884 million and $0.29, respectively, beat analysts’ expectations.

    By Anne Shields
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    Earnings Report

    Did Juniper Networks Beat Analysts’ Estimates in 2Q16?

    Juniper Networks (JNPR) recently announced its 2Q16 results and reported revenues of $1.22 billion. Revenues rose 11% quarter-over-quarter.

    By Adam Rogers
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    Earnings Report

    What Do Analysts Expect from Juniper’s 2Q16 Earnings?

    Juniper Networks (JNPR) will be announcing its 2Q16 results on July 26, 2016. EPS is estimated at $0.47, with a high estimate of $0.51 and a low estimate of $0.44.

    By Adam Rogers
  • uploads///financial summary
    Earnings Report

    How Was Symantec’s Financial Position in Fiscal 3Q16?

    With a market cap close to ~13 billion, Symantec is a leading player in the cybersecurity space.

    By Anne Shields
  • uploads///Technologies
    Earnings Report

    Is IBM’s Growth in Asia-Pacific Good News for Watson?

    For all of IBM’s geographies, Asia-Pacific was the only one that posted growth in fiscal 1Q16. Although the 1% growth is meager, it provides a sizable opportunity for IBM’s Watson.

    By Anne Shields
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    Miscellaneous

    How CSCO’s Sourcefire Acquisition Benefited Its Security Business

    Cisco has always been a major player in the network security market. Cisco’s share of the worldwide network security market was 30% in 4Q15.

    By Adam Rogers
  • uploads///Cyber Job Industry
    Macroeconomic Analysis

    Cybersecurity Jobs to Increase 53% by 2018

    According to the US Bureau of Labor Statistics, more than 0.21 million cybersecurity positions are unfilled in the United States.

    By Parker Thomas
  • uploads///dbabdacdccbfd
    Earnings Report

    Symantec’s Fiscal 2Q16 Results in Line with Analyst Expectations

    On November 5, Symantec announced its fiscal 2Q16 results. The company posted $1.5 billion in revenue and non-GAAP earnings per share of $0.44.

    By Anne Shields
  • uploads///Fireeye revenues
    Earnings Report

    FireEye’s 3Q15 Results Show Slow Growth

    FireEye’s $165.6 million in revenues failed to meet analyst expectations by $1.5 million in 3Q15.

    By Anne Shields
  • uploads///HACK
    Macroeconomic Analysis

    HACK Sees $1.3 Billion in Fund Inflows Since Inception

    The HACK ETF generated investor returns of 3.7% since inception, and -1.4% in the trailing-one-month period. In comparison, it generated returns of -0.57% YTD.

    By Adam Rogers
  • uploads///Barracuda Acquistion
    Earnings Report

    All Eyes on Intronis: Inside Barracuda Networks’ Acquisition Announcement All Eyes on Intronis

    Barracuda Networks announced that its intentions to acquire Intronis, a leading provider of data protection solutions to MSPs.

    By Parker Thomas
  • uploads///security appliance
    Company & Industry Overviews

    A TippingPoint Sale Would Be HP’s 2nd Spin-Off from 3Com

    If HP finally chooses to sell off its TippingPoint division, it would be HP’s second spin-off from 3Com. H3C was the first unit to be divested by HP in mid-2015.

    By Anne Shields
  • uploads///margins
    Earnings Report

    FireEye 2015 Outlook: Cash Flow Remains a Source of Concern

    The company doesn’t have any debt on its books. But in spite of strong revenue growth, there’s yet to be a positive margin and cash flow at FireEye.

    By Anne Shields
  • uploads///Mandiant
    Company & Industry Overviews

    Security Software Stocks See Upward Trend

    Scott Sacknoff, index manager for the SPADE Defense Index, believes that security software firms such as Palo Alto Networks and FireEye should benefit from this trend.

    By Anne Shields
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