Saturday, October 29, 2016

Fortinet Extends Presence in Azure Government Cloud

Fortinet and Microsoft announced an extension of their partnership to protect the cloud environments of their joint government customers. Specifically, Fortinet’s Security Fabric solutions for the cloud have been released on the Azure Government Cloud platform to provide comprehensive security, threat intelligence, and the visibility to detect, isolate, and respond to threats in real time for workloads running in the Government Cloud. This includes...

Fortinet Posts Q3 Sales of $316.6 million, up 22%, but Missing Target

Fortinet reported Q3 revenue of 316.6 million, an increase of 22% compared to $260.1 million in the same quarter of 2015. GAAP net income was $6.3 million for the third quarter of 2016, compared to GAAP net income of $8.2 million for the same quarter of 2015. GAAP diluted net income per share was $0.04 for the third quarter of 2016. GAAP diluted net income per share was $0.05 in the third quarter of 2015. "While our third quarter results were...