Fortinet Announces Conference Call to Discuss Fourth Quarter and Full Year 2024 Financial Results

Fortinet will host a conference call on February 6 to discuss Q4 and full-year 2024 financial results.

Quiver AI Summary

Fortinet, a leader in cybersecurity, announced a conference call scheduled for February 6, 2025, at 1:30 p.m. PT to discuss its fourth quarter and full year 2024 financial results. The call will be available for live listening on the company’s investor relations website, with attendees encouraged to join 10 minutes early. Following the call, a replay and additional materials will be accessible on Fortinet's site. The company emphasizes its mission to secure data across various environments and highlights its extensive product portfolio, significant customer base, and commitment to enhancing global cyber resilience through collaborations and advanced threat intelligence capabilities.

Potential Positives

• Fortinet is set to announce its fourth quarter and full year 2024 financial results, which can provide insights into the company’s performance and strategic direction.
• The conference call will feature prepared remarks from the CEO and CFO, indicating transparency and communication with investors.
• Fortinet's extensive product portfolio and established customer base highlight its leading position in the cybersecurity industry.
• The mention of collaborations with public and private sector organizations underscores Fortinet's commitment to enhancing global cyber resilience.

Potential Negatives

• The announcement of an upcomingearnings callmay raise concerns among investors if there are expectations of disappointing financial results for Q4 and full year 2024, especially if prior communications hinted at underperformance.

FAQ

When will Fortinet announce its fourth quarter and full year 2024 results?

Fortinet will announce its financial results on Thursday, February 6, 2025, at 1:30 p.m. Pacific Time.

How can I listen to Fortinet's financial results conference call?

You can listen to the live conference call on Fortinet's investor relations website at http://investor.fortinet.com.

What should I do before joining the Fortinet conference call?

It is recommended to join at least 10 minutes prior to the start of the event.

Will there be a replay of the Fortinetearnings callavailable?

Yes, a replay of the call will be accessible on the Quarterly Earnings page of Fortinet's Investor Relations site.

What products does Fortinet offer?

Fortinet offers over 50 enterprise-grade cybersecurity products aimed at securing people, devices, and data globally.

Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.

$FTNT Insider Trading Activity

$FTNT insiders have traded $FTNT stock on the open market 50 times in the past 6 months. Of those trades, 2 have been purchases and 48 have been sales.

Here’s a breakdown of recent trading of $FTNT stock by insiders over the last 6 months:

• KEN XIE (PRESIDENT & CEO) has traded it 29 times. They made 0 purchases and 29 sales, selling 281,281 shares.
• WILLIAM H. NEUKOM has traded it 2 times. They made 2 purchases, buying 814 shares and 0 sales.
• KEITH JENSEN (Chief Financial Officer) has traded it 12 times. They made 0 purchases and 12 sales, selling 94,840 shares.
• JOHN WHITTLE (CHIEF OPERATING OFFICER) has traded it 3 times. They made 0 purchases and 3 sales, selling 141,820 shares.
• MICHAEL XIE (VP, ENGINEERING & CTO) has traded it 4 times. They made 0 purchases and 4 sales, selling 49,424 shares.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$FTNT Hedge Fund Activity

We have seen 562 institutional investors add shares of $FTNT stock to their portfolio, and 471 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

• PRICE T ROWE ASSOCIATES INC /MD/ removed 16,906,341 shares (-58.3%) from their portfolio in Q3 2024
• D. E. SHAW & CO., INC. added 4,136,381 shares (+205.6%) to their portfolio in Q3 2024
• MARSHALL WACE, LLP removed 3,479,120 shares (-55.8%) from their portfolio in Q3 2024
• JACOBS LEVY EQUITY MANAGEMENT, INC removed 3,231,567 shares (-75.5%) from their portfolio in Q3 2024
• FMR LLC added 2,705,767 shares (+276.3%) to their portfolio in Q3 2024
• VAN ECK ASSOCIATES CORP removed 2,594,324 shares (-45.1%) from their portfolio in Q3 2024
• BARCLAYS PLC removed 2,360,730 shares (-25.7%) from their portfolio in Q3 2024

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

Full Release

SUNNYVALE, Calif., Jan. 02, 2025 (GLOBE NEWSWIRE) --

News Summary




Fortinet

® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, announced that it will hold a conference call to discuss its fourth quarter and full year 2024 financial results on Thursday, February 6, at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time).

Fortinet's financial results conference call will be broadcast live in listen-only mode on the company’s investor relations website at

http://investor.fortinet.com

. While not required, it is recommended that you join at least 10 minutes prior to the event start.

The CEO and CFO’s prepared remarks, supplemental slides and a call replay will be accessible from the Quarterly Earnings page on the Investor Relations page of Fortinet's website at

https://investor.fortinet.com/quarterly-earnings

.

About Fortinet (www.fortinet.com)




Fortinet

(Nasdaq: FTNT) is a driving force in the evolution of cybersecurity and the convergence of networking and security. Our mission is to secure people, devices, and data everywhere, and today we deliver cybersecurity everywhere our customers need it with the largest integrated portfolio of over 50 enterprise-grade products. Well over half a million customers trust Fortinet's solutions, which are among the most deployed, most patented, and most validated in the industry. The

Fortinet Training Institute

, one of the largest and broadest training programs in the industry, is dedicated to making cybersecurity training and new career opportunities available to everyone. Collaboration with

esteemed organizations

from both the public and private sectors, including Computer Emergency Response Teams (“CERTS”), government entities, and academia, is a fundamental aspect of Fortinet’s commitment to enhance cyber resilience globally.

FortiGuard Labs

, Fortinet’s elite threat intelligence and research organization, develops and utilizes leading-edge machine learning and AI technologies to provide customers with timely and consistently top-rated protection and actionable threat intelligence. Learn more at

https://www.fortinet.com

, the

Fortinet Blog

, and

FortiGuard Labs

.

FTNT-F





Copyright © 2024 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and common law trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet’s trademarks include, but are not limited to, the following: Fortinet, the Fortinet logo, FortiGate, FortiOS, FortiGuard, FortiCare, FortiAnalyzer, FortiManager, FortiASIC, FortiClient, FortiCloud, FortiMail, FortiSandbox, FortiADC, FortiAI, FortiAIOps, FortiAgent, FortiAntenna, FortiAP, FortiAPCam, FortiAuthenticator, FortiCache, FortiCall, FortiCam, FortiCamera, FortiCarrier, FortiCASB, FortiCentral, FortiCNP, FortiConnect, FortiController, FortiConverter, FortiCSPM, FortiCWP, FortiDAST, FortiDB, FortiDDoS, FortiDeceptor, FortiDeploy, FortiDevSec, FortiDLP, FortiEdge, FortiEDR, FortiExplorer, FortiExtender, FortiFirewall, FortiFlex FortiFone, FortiGSLB, FortiGuest, FortiHypervisor, FortiInsight, FortiIsolator, FortiLAN, FortiLink, FortiMonitor, FortiNAC, FortiNDR, FortiPAM, FortiPenTest, FortiPhish, FortiPoint, FortiPolicy, FortiPortal, FortiPresence, FortiProxy, FortiRecon, FortiRecorder, FortiSASE, FortiScanner, FortiSDNConnector, FortiSIEM, FortiSMS, FortiSOAR, FortiSRA, FortiStack, FortiSwitch, FortiTester, FortiToken, FortiTrust, FortiVoice, FortiWAN, FortiWeb, FortiWiFi, FortiWLC, FortiWLM, FortiXDR and Lacework FortiCNAPP.

Other trademarks belong to their respective owners. Fortinet has not independently verified statements or certifications herein attributed to third parties and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, contract, binding specification or other binding commitment by Fortinet or any indication of intent related to a binding commitment, and performance and other specification information herein may be unique to certain environments.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.