CFOtech Australia - Technology news for CFOs & financial decision-makers

Ken Xie stories

Ken Xie is an insightful author whose recent stories delve into the financial health and strategic initiatives of Fortinet, a major player in the cybersecurity industry. Through his updates, readers gain an understanding of the company’s performance metrics, highlighting significant revenue increases and growth in different segments, such as product and service revenues. Xie’s analytical approach allows audiences to appreciate the fluctuations and trends within Fortinet's financial results over various quarters.

Additionally, Xie's stories explore Fortinet's commitment to the public sector and efforts to bridge the cyber skills gap. By discussing initiatives like the Public Sector Advisory Council and the Training Advancement Agenda, Xie underscores the company's proactive stance in addressing critical cybersecurity challenges. Readers can learn about the importance of corporate responsibility in today's technological landscape.

Furthermore, Xie's coverage of Fortinet's sustainability efforts and product innovations, such as the introduction of FortiOS 7.6, provides insights into how the organization is evolving to meet contemporary challenges. His reports on the company’s sustainability practices also serve as a reminder of the significance of ecological responsibility in the tech sector. Overall, reading Xie’s narratives equips audiences with a broader understanding of the interplay between technology, finance, and social responsibility in the corporate world.

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Fortinet acquires Next DLP to enhance data protection capabilities

Wed, 14th Aug 2024
Fortinet boosts its enterprise data protection portfolio by acquiring Next DLP, enhancing its DLP capabilities across SASE and endpoint deployments.
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Fortinet sees record margins & higher service revenue in Q2 2024

Thu, 8th Aug 2024
Fortinet's Q2 2024 results show record operating margins and a 19.8% rise in service revenue, signalling strong growth despite a slight dip in product sales.
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Fortinet unveils 2023 Sustainability Report highlighting steady progress

Thu, 11th Apr 2024
Fortinet's 2023 Sustainability Report unveils the firm's strides in combating cyber risks, diversifying talent and ecologically responsible operations.
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Fortinet releases advanced FortiOS 7.6 with GenAI & data protection

Wed, 3rd Apr 2024
Fortinet unveils next-level cybersecurity solutions with its latest FortiOS operating system, merging networking and security with new AI and data protection to offer enhanced user experiences.
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Fortinet's Q4 financial results show promising growth for 2023

Thu, 8th Feb 2024
Cybersecurity giant Fortinet reports encouraging Q4 2023 results with a 10.3% revenue boost to $1.42bn and a yearly income increase of 20% to $5.30bn.
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Fortinet reports first quarter 2023 financial results

Wed, 17th May 2023
The company's product revenue was US$500.7 million, up 35% y-o-y, and service revenue was US$761.6 million, up 30% y-o-y.
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Fortinet announces total revenue growth of 32% for 2022

Thu, 9th Feb 2023
Fortinet reports 32% revenue growth in 2022, generating $857.3m in GAAP net income and a record $1.45bn in free cash flow.
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Fortinet ranked among the most sustainable in the industry

Tue, 20th Dec 2022
Fortinet has been recognized in the 2022 Dow Jones Sustainability Index as one of the most sustainable companies in the software and services industry.
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Fortinet sees significant revenue increase in third quarter

Fri, 4th Nov 2022
Fortinet has released its third quarter 2022 financial results, revealing a significant revenue increase from the previous year.
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Fortinet reports second quarter 2022 financial results

Fri, 5th Aug 2022
Fortinet's Q2 2022 results show product revenue of $400.7m, up 34% YoY, and total revenue of $1.03bn, up 29% YoY.
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Who is on Fortinet’s new Public Sector Advisory Council?

Wed, 8th Jun 2022
Fortinet says its new Public Sector Advisory Council will expand its commitment to secure public sector organisations worldwide.
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Fortinet sees 34% revenue increase in latest financial results

Mon, 9th May 2022
Fortinet's total revenue for Q1 2022 increased by 34.4% compared to the same quarter last year, reaching $954.8 million.
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Increased demand for cybersecurity drives Fortinet revenue growth

Tue, 8th Feb 2022
Fortinet has released its fourth quarter and full year 2021 financial results, showing total revenue of US$963.6 million, up 29 per cent year over year.
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Fortinet looks to reduces cyber skills gap with Training Advancement Agenda

Mon, 26th Apr 2021
Fortinet expands its Training Advancement Agenda programme to address the cyber skills gap and connect individuals to employers.
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Fortinet reports total revenue of $615.5 million

Fri, 7th Aug 2020
Strong demand for secure SD-WAN and work-from-home capabilities helped power 18% second quarter revenue growth.
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Fortinet resolves to help communities through new Corporate Foundation

Mon, 15th Jun 2020
Fortinet has launched a foundation to support communities impacted by COVID-19 and enhance its corporate social responsibility initiatives.