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Fortinet Inc
Effect of Foreign Exchange Rates
Fortinet Inc
Effect of Foreign Exchange Rates Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Effect of Foreign Exchange Rates | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Fortinet Inc
NASDAQ:FTNT
|
Effect of Foreign Exchange Rates
$800k
|
CAGR 3-Years
59%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
||
Oracle Corp
NYSE:ORCL
|
Effect of Foreign Exchange Rates
$51m
|
CAGR 3-Years
13%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
||
ServiceNow Inc
NYSE:NOW
|
Effect of Foreign Exchange Rates
-$3m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
25%
|
CAGR 10-Years
5%
|
||
Palo Alto Networks Inc
NASDAQ:PANW
|
Effect of Foreign Exchange Rates
N/A
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
||
Microsoft Corp
NASDAQ:MSFT
|
Effect of Foreign Exchange Rates
$11m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
||
CrowdStrike Holdings Inc
NASDAQ:CRWD
|
Effect of Foreign Exchange Rates
-$182k
|
CAGR 3-Years
N/A
|
CAGR 5-Years
2%
|
CAGR 10-Years
N/A
|
Fortinet Inc
Glance View
Fortinet Inc. is a leading cybersecurity company that has carved out a significant niche in protecting digital assets from evolving threats. Founded in 2000 by brothers Ken and Michael Xie, Fortinet's innovative approach combines high-performance hardware and software solutions to deliver comprehensive security services for enterprises of all sizes. The company’s flagship product, FortiGate, is a next-generation firewall that seamlessly integrates intrusion prevention, VPN, and antivirus capabilities. With the rise of remote work and an increasingly interconnected world, Fortinet's solutions have become essential for businesses looking to safeguard sensitive data against cybercriminals who exploit vulnerabilities in network infrastructures. As cyber threats continue to escalate, Fortinet's market opportunity grows, placing it at the forefront of the cybersecurity landscape. From an investment perspective, Fortinet is a company that demonstrates a strong commitment to growth and customer satisfaction, evidenced by its rapidly expanding client base and impressive financial performance. In recent years, Fortinet has consistently reported double-digit revenue growth, driven by increased demand for its comprehensive security solutions amid the global shift to digitization. Moreover, the company's dedication to innovation is reflected in its robust research and development investments, which enable it to stay ahead in a competitive industry. With a solid balance sheet and a strategic focus on enhancing its product offerings through machine learning and artificial intelligence, Fortinet presents an attractive opportunity for investors looking to venture into the dynamic cybersecurity sector.
See Also
What is Fortinet Inc's Effect of Foreign Exchange Rates?
Effect of Foreign Exchange Rates
800k
USD
Based on the financial report for Sep 30, 2024, Fortinet Inc's Effect of Foreign Exchange Rates amounts to 800k USD.
What is Fortinet Inc's Effect of Foreign Exchange Rates growth rate?
Effect of Foreign Exchange Rates CAGR 3Y
59%
The average annual Effect of Foreign Exchange Rates growth rates for Fortinet Inc have been 59% over the past three years .