符合「Single-vendor SASE」新聞搜尋結果 (頁：1 / 1) - 台灣產經新聞網

Industry Embraces Single-Vendor SASE as Cato Reports Record Growth

Massive enterprise adoption of SASE propels Cato towards IPO TEL AVIV, Israel, Feb. 28, 2023 /PRNewswire/ -- Cato Networks, provider of the world's leading single-vendor SASE platform, reported today its 2022 business results. Highlights include ARR exceeding $100M in record-breaking time, enterprise customers increasing by 45%, and more than 3,000 updates being made to Cato SASE Cloud in 2022. Today, 1,600+ enterprises with 28,000+ sites and 520,000+ remote access ZTNA users across 150+ countries rely on Cato every day. "Despite a stiffening market, enterprises continue to need better networking and security to support growth and digital transformation," says Shlomo Kramer, co-founder and CEO of Cato Networks. "Cato's strong performance attests to those needs, enabling enterprises to meet their strategic business outcomes while improving their operational efficiency, agility and risk posture." Single-vendor Architecture Becomes the SASE Standard Founded four years before SASE, Cato pioneered the convergence of security and networking into a global cloud service. Single-vendor SASE, at the time, was considered revolutionary, but today has become the accepted future of enterprise infrastructure. According to Gartner, by 2025, one-third of new SASE deployments will be based on a single-vendor SASE offering, up from 10% in 2022. Cato was recognized by Gartner as a Representative Vendor in the Gartner Market Guide for Single-Vendor SASE. "The most notable vendor from a software architecture perspective out there today is probably Cato Networks. They have a very strong, unified software architecture and they were actually probably one of, if not the first, vendors doing SASE, and so they started with SASE," SDxCentral quoted Gartner VP Analyst Andrew Lerner. Porsche Motorsport and Other Large Enterprises Choose to Partner with Cato SASE industry adoption propelled Cato's ARR across $100M mark in just five years, becoming the fastest growing enterprise network security startup. More than 500 enterprises became Cato customers in 2022, an increase of 45% YoY. Existing customer commitment remained high as reflected in a Net Dollar Retention Rate of 120%. Significant wins in 2022 included: SSE: A major automotive manufacturer preferred Cato over one of the world's largest security vendors. So impressed was the IT team with Cato's security capabilities that the manufacturer chose to use the existing firewalls at 3,000 sites as only SD-WAN devices, connecting to Cato's SSE 360 for security processing. SASE: Forvis, a leading accounting firm formed through the merger of Dixon-Hughes (DHG) and BKD, extended DHG's Cato deployment to BKD despite the presence of legacy SD-WAN infrastructure. Along with Baker Tilly, Cato now serves two of the 10 largest CPA firms in North America CASB: A $4B chemical company that chose Cato in April 2020, elected not to renew their subscription with a leading CASB provider, instead choosing Cato's CASB and DLP built into the Cato SASE Cloud. Global Connectivity: Porsche Motorsport chose to partner with Cato on their Formula-E race car. With this collaboration, Cato secures and connects Porsche's racing teams worldwide to the cloud and Porsche headquarters. Massive Product Innovation Extends Across Cato SASE Cloud In 2022, Cato expanded the Cato SASE Cloud, extending the Cato Global Private Backbone to 80+ PoPs, a nearly 20 percent YoY increase. Simultaneously, Cato issued 3,213 feature updates and enhancements including: Cato SSE 360, which is the only Security Service Edge (SSE) architecture to provide total visibility, optimization, and control of traffic across all ports and protocols whether bound for the Internet or internal resources. SSE 360's Cato CASB and Smart DLP were also introduced last year. Network-based Ransomware Protection, which uses heuristic algorithms and deep network insight to detect and prevent the spread of ransomware across the enterprise without requiring endpoint agents. Risk-based Application Access Control, which extended ZTNA with real-time, device context inspection even when restricting access within corporate applications, as well as Internet and cloud resources. Cato also broke industry records for CVE mitigation times and security responsiveness, developing and deploying 397 new IPS signatures in record time. For example, Cato protected customers against Log4J within just 17 hours, which continues to be a problem for many enterprises. Cato Invests in the Channel and Wins Accolades from Partners Cato continues to invest in the channel at all levels. Frank Rauch joined as Global Channel Chief, headlining a series of channel promotions and hirings. Cato partnered with Windstream Enterprise, a leading managed communications service provider, to deliver the first comprehensive managed SASE solution in North America. More recently, Windstream Enterprises launched its Cato-based SSE solution. Overall, contributing partners increased by 38% YoY and partner registered deals for new customers grew by 70% YoY. Cato was also recognized for its channel excellence by leading Technology Service Distributors (TSDs). AVANT awarded Cato 'Top Supplier for SD-WAN', Intelisys awarded Cato the 'Top Sales Engineering Team', and Telarus recognized Cato for 'Top Supplier for Cybersecurity'. Demand for Technical Training Soars with SASE Adoption Interest in SASE/SSE fueled enrollment in Cato's hands-on training. Cato saw 3,500 new users take its partner training with a 36% increase in course completions. There was 106% growth in registrants for Cato's SSE/SASE training and 129% growth in course graduates. To learn more about Cato, visit us at https://www.catonetworks.com Supporting Quotes Nick Fan, vice president of global sales, Cato Networks "As enterprises across the Americas returned to their offices, Cato's ability to fluidly support all forms of work helped grow our business, particularly in larger enterprises. Large customer acquisition grew by 36% YoY in the Americas with most organizations tapping our ability to connect and secure users in and out of the office." Luca Simonelli, vice president of EMEA, Cato Networks "Despite the Ukraine war's impact on the economic climate, European businesses continued to invest in Cato. We added more customers in Q1 2022 than any other previous quarter, only to break that record again in Q4 2022." Graham Pearson, vice president of APJ, Cato Networks "Within APJ, Cato saw 133% YoY growth as enterprise customer deployments within region doubled. Even in a tough market, Cato grew revenue and our customer base with manufacturing, in particular, seeing strong adoption across the region." Digital Assets [Photo] Shlomo Kramer [Photo] Nick Fan [Photo] Luca Simonelli [Photo] Graham Pearson [Image] Cato Networks logo Supporting Resources Read about Cato Networks Read about Shlomo Kramer Read about Graham Pearson Read and subscribe to Cato Blog Read Cato news releases For more information about Cato's news and activities, follow the company via Twitter, LinkedIn, Facebook, Instagram, and YouTube. About Cato Cato provides the world's leading single-vendor SASE platform, converging Cato SD-WAN and a cloud-native security service edge, Cato SSE 360, into a global cloud service. Cato SASE Cloud optimizes and secures application access for all users and locations everywhere. Using Cato, customers easily replace costly and rigid legacy MPLS with modern network architecture based on SD-WAN, secure and optimize a hybrid workforce working from anywhere, and enable seamless cloud migration. Cato enforces granular access policies, protects users against threats, and prevents sensitive data loss, all easily managed from a single pane of glass. With Cato your business is ready for whatever's next.

Fortinet Further Extends the Convergence of Networking and Security to Remote Users with Enhancements to its Single-Vendor SASE Solution

FortiSASE is the only offering to integrate cloud-delivered SD-WAN connectivity with cloud-delivered security (SSE) to enable the industry’s most flexible secure private access SUNNYVALE, Calif., Oct. 18, 2022 (GLOBE NEWSWIRE) -- John Maddison, EVP of Products and CMO “Fortinet delivers the most integrated single-vendor SASE solution available, uniquely converging best-of-breed networking and best-of-breed security that are unified by a single operating system. The latest cloud-delivered enhancements to FortiSASE further strengthen our ability to enable consistent security and user experience no matter where users and applications are distributed.” News Summary Fortinet® (NASDAQ: FTNT), the driving force in the evolution of cybersecurity and the convergence of networking and security, today announced significant cloud-delivered enhancements to FortiSASE, the most integrated single-vendor SASE solution on the market. According to Gartner®, “Single-vendor SASE delivers converged network and security capabilities to connect and secure distributed users, devices, and locations to resources in the cloud, edge, and on-premises.”1 It has emerged as a key architecture to secure remote users, ensure consistent user experience, and shift from a CAPEX to an OPEX business model. In fact, Gartner predicts that “by 2025, one-third of new SASE deployments will be based on a single-vendor SASE offering, up from 10% in 2022.” 1 Fortinet was recognized by Gartner as a Representative Vendor in the inaugural “Market Guide for Single-Vendor SASE.” FortiSASE consolidates point products by seamlessly converging cloud-delivered networking (SD-WAN) and cloud-delivered security (SSE composed of secure web gateway, Universal ZTNA [zero trust network access], cloud access security broker [CASB], and Firewall-as-a-Service) via a single operating system (FortiOS) and single agent (FortiClient), with AI and ML layered across to drive additional operational efficiency. What’s new? In addition to enabling Secure Internet Access that is not only fast but ensures consistent security for all user traffic to and from the internet, FortiSASE now includes new updates that add enhanced support for Secure Private Access and Secure SaaS Access use cases: Secure Private Access Leveraging its success of delivering networking and security convergence at the edge to over 20,000 customers via Fortinet Secure SD-WAN, Fortinet is now extending this convergence to remote users via cloud-delivered SD-WAN connectivity in FortiSASE. This extends Fortinet’s existing ability to deliver granular application access with Fortinet Universal ZTNA by adding broader application access with SD-WAN to support the most comprehensive set of private applications running at the data center or public cloud, while also ensuring superior user experience. This enhancement makes FortiSASE the industry’s most flexible architecture for secure and reliable access to privately hosted applications by leveraging both ZTNA and SD-WAN. With today’s news, organizations that have already deployed Fortinet Secure SD-WAN and/or FortiGate Next-Generation Firewalls in the branch or data center can seamlessly connect their remote users to FortiSASE for private access without needing an additional license. Secure SaaS Access FortiSASE delivers comprehensive visibility and control for SaaS applications, now enhanced with next-generation dual-mode CASB. By leveraging both inline and API-based support, FortiSASE enables full visibility into sanctioned and unsanctioned applications to address shadow IT and data exfiltration challenges. Analyst Validation: “Modern IT and employee environments are highly distributed and require secure connectivity and access, regardless of where users or applications are located. To provide these services, organizations must have comprehensive, tightly integrated, network and security solutions. Fortinet understands this and has implemented a single OS and agent across its entire Cloud-based SASE portfolio, plus it has layered in AI/ML technologies to drive greater operational efficiencies and deliver enhanced user experiences.” -- Bob Laliberte, Principal Analyst, ESG Additional Resources Read the blog and watch the video to learn more about FortiSASE and Fortinet’s ability to deliver single-vendor SASE. Download the Gartner® Market Guide for Single-Vendor SASE. Learn more about FortiGuard Labs threat intelligence and research and Outbreak Alerts, which provide timely steps to mitigate breaking cybersecurity attacks. Learn more about Fortinet’s FortiGuard Security Services portfolio. Learn more about Fortinet’s free cybersecurity training, which includes broad cyber awareness and product training. As part of the Fortinet Training Advancement Agenda (TAA), the Fortinet Training Institute also provides training and certification through the Network Security Expert (NSE) Certification, Academic Partner, and Education Outreach programs. Read more about how Fortinet customers are securing their organizations. Engage in the Fortinet User Community (Fuse). Share ideas and feedback, learn more about our products and technology, and connect with peers. Follow Fortinet on Twitter, LinkedIn, Facebook, and Instagram. Subscribe to Fortinet on our blog or YouTube. 1 Gartner, Market Guide for Single-Vendor SASE, 28 September 2022, Neil MacDonald, John Watts, Jonathan Forest, Andrew Lerner. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. Gartner is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved. About Fortinet Fortinet (NASDAQ: FTNT) makes possible a digital world that we can always trust through its mission to protect people, devices, and data everywhere. This is why the world’s largest enterprises, service providers, and government organizations choose Fortinet to securely accelerate their digital journey. The Fortinet Security Fabric platform delivers broad, integrated, and automated protections across the entire digital attack surface, securing critical devices, data, applications, and connections from the data center to the cloud to the home office. Ranking #1 in the most security appliances shipped worldwide, more than 595,000 customers trust Fortinet to protect their businesses. And the Fortinet NSE Training Institute, an initiative of Fortinet’s Training Advancement Agenda (TAA), provides one of the largest and broadest training programs in the industry to make cyber training and new career opportunities available to everyone. Learn more at https://www.fortinet.com, the Fortinet Blog, and FortiGuard Labs. FTNT-O Copyright © 2022 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, FortiAntenna, FortiAP, FortiAPCam, FortiAuthenticator, FortiCache, FortiCall, FortiCam, FortiCamera, FortiCarrier, FortiCASB, FortiCentral, FortiConnect, FortiController, FortiConverter, FortiCWP, FortiDB, FortiDDoS, FortiDeceptor, FortiDeploy, FortiDevSec, FortiEdge, FortiEDR, FortiExplorer, FortiExtender, FortiFirewall, FortiFone, FortiGSLB, FortiHypervisor, FortiInsight, FortiIsolator, FortiLAN, FortiLink, FortiMoM, FortiMonitor, FortiNAC, FortiNDR, FortiPenTest, FortiPhish, FortiPlanner, FortiPolicy, FortiPortal, FortiPresence, FortiProxy, FortiRecon, FortiRecorder, FortiSASE, FortiSDNConnector, FortiSIEM, FortiSMS, FortiSOAR, FortiSwitch, FortiTester, FortiToken, FortiTrust, FortiVoice, FortiWAN, FortiWeb, FortiWiFi, FortiWLC, FortiWLM and FortiXDR. 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. Media Contact: Investor Contact: Analyst Contact: Michelle Zimmermann Peter Salkowski Brian Greenberg Fortinet, Inc. Fortinet, Inc. Fortinet, Inc. 408-235-7700 408-331-4595 650-554-0941 pr@fortinet.com psalkowski@fortinet.com analystrelations@fortinet.com

Record quarterly GAAP and Non-GAAP operating marginsRaises 2024 revenue and Non-GAAP operating margin guidanceContinuing to invest in the fast-growing Unified SASE and Security Operations markets Second Quarter 2024 Highlights Total revenue of $1.43 billion, up 11% year over year Service revenue of $982 million, up 20% year over year Record GAAP operating margin of 30.5% Record Non-GAAP operating margin of 35.1%1 Cash flow from operations of $342 million SUNNYVALE, Calif., Aug. 06, 2024 (GLOBE NEWSWIRE) -- Fortinet® (Nasdaq: FTNT), a global cybersecurity leader driving the convergence of networking and security, today announced financial results for the second quarter ended June 30, 2024. “In the second quarter, we successfully balanced growth and profitability as our non-GAAP operating margin increased 820 basis points year-over-year to a company record of 35.1%1, while billings and revenue were at the high end of their respective guidance ranges,” said Ken Xie, Founder, Chairman and Chief Executive Officer of Fortinet. “We are continuing to execute our strategy to invest in the fast-growing Unified SASE and Security Operations markets, while gaining market share in Secure Networking. We expect to emerge as a SASE leader, as we are the only vendor in the Gartner Magic Quadrant™ for Single-Vendor SASE that is also recognized in five different network security Magic Quadrant™ reports.2” Financial Highlights for the Second Quarter of 2024 Revenue: Total revenue was $1.43 billion for the second quarter of 2024, an increase of 10.9% compared to $1.29 billion for the same quarter of 2023. Product Revenue: Product revenue was $451.9 million for the second quarter of 2024, a decrease of 4.4% compared to $472.6 million for the same quarter of 2023. Service Revenue: Service revenue was $982.4 million for the second quarter of 2024, an increase of 19.8% compared to $820.2 million for the same quarter of 2023. Billings1: Total billings were $1.54 billion for the second quarter of 2024, remaining flat compared to $1.54 billion for the same quarter of 2023. Deferred Revenue: Total deferred revenue was $5.90 billion as of June 30, 2024, an increase of 15.0% compared to $5.13 billion as of June 30, 2023. GAAP Operating Income and Margin: GAAP operating income was $437.2 million for the second quarter of 2024, representing a GAAP operating margin of 30.5%. GAAP operating income was $279.0 million for the same quarter of 2023, representing a GAAP operating margin of 21.6%. Non-GAAP Operating Income and Margin1: Non-GAAP operating income was $503.6 million for the second quarter of 2024, representing a non-GAAP operating margin of 35.1%. Non-GAAP operating income was $348.1 million for the same quarter of 2023, representing a non-GAAP operating margin of 26.9%. GAAP Net Income and Diluted Net Income Per Share: GAAP net income was $379.8 million for the second quarter of 2024, compared to GAAP net income of $266.3 million for the same quarter of 2023. GAAP diluted net income per share was $0.49 for the second quarter of 2024, based on 769.9 million diluted weighted-average shares outstanding, compared to GAAP diluted net income per share of $0.33 for the same quarter of 2023, based on 795.9 million diluted weighted-average shares outstanding. Non-GAAP Net Income and Diluted Net Income Per Share1: Non-GAAP net income was $439.9 million for the second quarter of 2024, compared to non-GAAP net income of $300.4 million for the same quarter of 2023. Non-GAAP diluted net income per share was $0.57 for the second quarter of 2024, based on 769.9 million diluted weighted-average shares outstanding, compared to $0.38 for the same quarter of 2023, based on 795.9 million diluted weighted-average shares outstanding. Cash Flow: Cash flow from operations was $342.0 million for the second quarter of 2024, compared to $515.1 million for the same quarter of 2023. Free Cash Flow1: Free cash flow was $318.9 million for the second quarter of 2024, compared to $438.3 million for the same quarter of 2023. Guidance For the third quarter of 2024, Fortinet currently expects: Revenue in the range of $1.445 billion to $1.505 billion Billings in the range of $1.530 billion to $1.600 billion Non-GAAP gross margin in the range of 79.0% to 80.0% Non-GAAP operating margin in the range of 30.5% to 31.5% Diluted non-GAAP net income per share in the range of $0.56 to $0.58, assuming a non-GAAP effective tax rate of 17%. This assumes a diluted share count of 767 million to 777 million. For the fiscal year 2024, Fortinet currently expects: Revenue in the range of $5.800 billion to $5.900 billion Service revenue in the range of $3.975 billion to $4.025 billion Billings in the range of $6.400 billion to $6.600 billion Non-GAAP gross margin in the range of 79.0% to 80.0% Non-GAAP operating margin in the range of 30.0% to 31.5% Diluted non-GAAP net income per share in the range of $2.13 to $2.19, assuming a non-GAAP effective tax rate of 17%. This assumes a diluted share count of 767 million to 777 million. These statements are forward looking and actual results may differ materially. Refer to the Forward-Looking Statements section below for information on the factors that could cause our actual results to differ materially from these forward-looking statements. Our guidance with respect to non-GAAP financial measures excludes stock-based compensation, amortization of acquired intangible assets, gain on intellectual property matters and non-cash charge on equity method investment of impairment. We have not reconciled our guidance with respect to non-GAAP financial measures to the corresponding GAAP measures because certain items that impact these measures are uncertain or out of our control, or cannot be reasonably predicted. Accordingly, a reconciliation of these non-GAAP financial measures to the corresponding GAAP measures is not available without unreasonable effort. GARTNER is a registered trademark and service mark of Gartner and Magic Quadrant is a registered trademark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. 1 A reconciliation of GAAP to non-GAAP measures has been provided in the financial statement tables included in this press release. An explanation of these measures is also included below under the heading “Non-GAAP Financial Measures”. 2 Magic Quadrant for SD-WAN, Jonathan Forest, Naresh Singh, Andrew Lerner, Karen Brown, Published 27 September 2023Magic Quadrant for Enterprise Wired and Wireless LAN Infrastructure, Tim Zimmerman, Christian Canales, Nauman Raja, Mike Leibovitz, Published 06 March 2024Magic Quadrant for Network Firewalls, Rajpreet Kaur, Adam Hils, Thomas Lintemuth, Published 19 December 2022Magic Quadrant for Security Service Edge, Charlie Winckless, Thomas Lintemuth, Dale Koeppen, Published 15 April 2024Magic Quadrant for Single-Vendor SASE, Andrew Lerner, Jonathan Forest, Neil MacDonald, Nat Smith, Charlie Winckless, Published 16 August 2023 Conference Call Details Fortinet will host a conference call today at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time) to discuss the earnings results. A live webcast of the conference call and supplemental slides will be accessible from the Investor Relations page of Fortinet’s website at https://investor.fortinet.com and a replay will be archived and accessible at https://investor.fortinet.com/events-and-presentations. Third Quarter 2024 Conference Participation Schedule: Oppenheimer Technology, Internet & Communications ConferenceAugust 12, 2024 Deutsche Bank Technology ConferenceAugust 28, 2024 Goldman Sachs Communacopia + Technology ConferenceSeptember 9, 2024 Members of Fortinet’s management team are expected to present at these conferences and discuss the latest company strategies and initiatives. Fortinet’s conference presentations are expected to be available via webcast on the company’s website. To access the most updated information, pre-register and listen to the webcast of each event, please visit the Investor Presentation & Events page of Fortinet’s website at https://investor.fortinet.com/events-and-presentations. The schedule is subject to change. 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. 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 high-profile, well-respected organizations from both the public and private sectors, including 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 or FortiGuard Labs. 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, FortiAntenna, FortiAP, FortiAPCam, FortiAuthenticator, FortiCache, FortiCam, FortiCamera, FortiCarrier, FortiCASB, FortiCentral, FortiCNP, FortiConnect, FortiController, FortiConverter, FortiCSPM, FortiCWP, FortiDAST, FortiDB, FortiDDoS, FortiDeceptor, FortiDeploy, FortiDevSec, 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, FortiSDNConnector, FortiSIEM, FortiSMS, FortiSOAR, FortiStack, FortiSwitch, FortiTester, FortiToken, FortiTrust, FortiVoice, FortiWAN, FortiWeb, FortiWiFi, FortiWLC, FortiWLM and FortiXDR. 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. FTNT-F Forward-Looking Statements This press release contains forward-looking statements that involve risks and uncertainties. These forward-looking statements include statements regarding any indications related to future growth and market share gains, our strategy going forward, and guidance and expectations around future financial results, including guidance and expectations for the third quarter and full year 2024, and any statements regarding our market opportunity and market size, and business momentum. Although we attempt to be accurate in making forward-looking statements, it is possible that future circumstances might differ from the assumptions on which such statements are based such that actual results are materially different from our forward-looking statements in this release. Important factors that could cause results to differ materially from the statements herein include the following: general economic risks, including those caused by economic challenges, a possible economic downturn or recession and the effects of inflation or stagflation, rising interest rates or reduced information technology spending; supply chain challenges; negative impacts from the ongoing war in Ukraine and its related macroeconomic effects and our decision to reduce operations in Russia, as well as the Israel-Hamas war; competitiveness in the security market; the dynamic nature of the security market and its products and services; specific economic risks worldwide and in different geographies, and among different customer segments; uncertainty regarding demand and increased business and renewals from existing customers; sales execution risks, including risks in connection with the timing and completion of large strategic deals; uncertainties around continued success in sales growth and market share gains; uncertainties in market opportunities and the market size; actual or perceived vulnerabilities in our supply chain, products or services, and any actual or perceived breach of our network or our customers’ networks; longer sales cycles, particularly for larger enterprise, service providers, government and other large organization customers; the effectiveness of our salesforce and failure to convert sales pipeline into final sales; risks associated with successful implementation of multiple integrated software products and other product functionality risks; risks associated with integrating acquisitions and changes in circumstances and plans associated therewith, including, among other risks, changes in plans related to product and services integrations, product and services plans and sales strategies; sales and marketing execution risks; execution risks around new product development and introductions and innovation; litigation and disputes and the potential cost, distraction and damage to sales and reputation caused thereby or by other factors; cybersecurity threats, breaches and other disruptions; market acceptance of new products and services; the ability to attract and retain personnel; changes in strategy; risks associated with management of growth; lengthy sales and implementation cycles, particularly in larger organizations; technological changes that make our products and services less competitive; risks associated with the adoption of, and demand for, our products and services in general and by specific customer segments, including those caused by competition and pricing pressure; excess product inventory for any reason, including those caused by the effects of increased inflation and interest rates in certain geographies and the war in Ukraine and the Israel-Hamas war; risks associated with business disruption caused by natural disasters and health emergencies such as earthquakes, fires, power outages, typhoons, floods, health epidemics and viruses, and by manmade events such as civil unrest, labor disruption, international trade disputes, international conflicts such as the war in Ukraine and the Israel-Hamas war or tensions between China and Taiwan, terrorism, wars, and critical infrastructure attacks; tariffs, trade disputes and other trade barriers, and negative impact on sales based on geo-political dynamics and disputes and protectionist policies; any political and government disruption around the world, including the impact of any future shutdowns of the U.S. government; and the other risk factors set forth from time to time in our most recent Annual Report on Form 10-K, our most recent Quarterly Report on Form 10-Q and our other filings with the Securities and Exchange Commission (“SEC”), copies of which are available free of charge at the SEC’s website at www.sec.gov or upon request from our investor relations department. All forward-looking statements herein reflect our opinions only as of the date of this release, and we undertake no obligation, and expressly disclaim any obligation, to update forward-looking statements herein in light of new information or future events. Non-GAAP Financial Measures We have provided in this release financial information that has not been prepared in accordance with U.S. Generally Accepted Accounting Principles (GAAP). These non-GAAP financial and liquidity measures are not based on any standardized methodology prescribed by GAAP and are not necessarily comparable to similar measures presented by other companies. We use these non-GAAP financial measures internally in analyzing our financial results and believe they are useful to investors, as a supplement to GAAP measures, in evaluating our ongoing operational performance. We believe that the use of these non-GAAP financial measures provides an additional tool for investors to use in evaluating ongoing operating results and trends and in comparing our financial results with peer companies, many of which present similar non-GAAP financial measures to investors. Non-GAAP financial measures should not be considered in isolation from, or as a substitute for, financial information prepared in accordance with GAAP. Investors are encouraged to review the reconciliation of these non-GAAP financial measures to their most directly comparable GAAP financial measures provided in the financial statement tables below. Billings (non-GAAP). We define billings as revenue recognized in accordance with GAAP plus the change in deferred revenue from the beginning to the end of the period less any deferred revenue balances acquired from business combination(s) during the period. We consider billings to be a useful metric for management and investors because billings drive current and future revenue, which is an important indicator of the health and viability of our business. There are a number of limitations related to the use of billings instead of GAAP revenue. First, billings include amounts that have not yet been recognized as revenue and are impacted by the term of security and support agreements. Second, we may calculate billings in a manner that is different from peer companies that report similar financial measures. Management accounts for these limitations by providing specific information regarding GAAP revenue and evaluating billings together with GAAP revenue. Free cash flow (non-GAAP). We define free cash flow as net cash provided by operating activities minus purchases of property and equipment and excluding any significant non-recurring items. We believe free cash flow to be a liquidity measure that provides useful information to management and investors about the amount of cash generated by the business that, after capital expenditures, can be used for strategic opportunities, including repurchasing outstanding common stock, investing in our business, making strategic acquisitions and strengthening the balance sheet. A limitation of using free cash flow rather than the GAAP measures of cash provided by or used in operating activities, investing activities, and financing activities is that free cash flow does not represent the total increase or decrease in the cash and cash equivalents balance for the period because it excludes cash flows from significant non-recurring items, investing activities other than capital expenditures and cash flows from financing activities. Management accounts for this limitation by providing information about our capital expenditures and other investing and financing activities on the face of the cash flow statement and under the caption “Management’s Discussion and Analysis of Financial Condition and Results of Operations—Liquidity and Capital Resources” in our most recent Quarterly Report on Form 10-Q and Annual Report on Form 10-K and by presenting cash flows from investing and financing activities in our reconciliation of free cash flow. In addition, it is important to note that other companies, including companies in our industry, may not use free cash flow, may calculate free cash flow in a different manner than we do or may use other financial measures to evaluate their performance, all of which could reduce the usefulness of free cash flow as a comparative measure. Non-GAAP operating income and operating margin. We define non-GAAP operating income as operating income plus stock-based compensation, amortization of acquired intangible assets, less gain on intellectual property matter and, when applicable, other significant non-recurring items in a given quarter. Non-GAAP operating margin is defined as non-GAAP operating income divided by GAAP revenue. We consider these non-GAAP financial measures to be useful metrics for management and investors because they exclude the items noted above so that our management and investors can compare our recurring core business operating results over multiple periods. There are a number of limitations related to the use of non-GAAP operating income instead of operating income calculated in accordance with GAAP. First, non-GAAP operating income excludes the items noted above. Second, the components of the costs that we exclude from our calculation of non-GAAP operating income may differ from the components that peer companies exclude when they report their non-GAAP results of operations. Management accounts for these limitations by providing specific information regarding the GAAP amounts excluded from non-GAAP operating income and evaluating non-GAAP operating income together with operating income calculated in accordance with GAAP. Non-GAAP net income and diluted net income per share. We define non-GAAP net income as net income plus the items noted above under non-GAAP operating income and operating margin. In addition, we adjust non-GAAP net income and diluted net income per share for a non-cash charge of impairment on equity method investment, a tax adjustment required for an effective tax rate on a non-GAAP basis, which differs from the GAAP effective tax rate. We define non-GAAP diluted net income per share as non-GAAP net income divided by the non-GAAP diluted weighted-average shares outstanding. We consider these non-GAAP financial measures to be useful metrics for management and investors for the same reasons that we use non-GAAP operating income and non-GAAP operating margin. However, in order to provide a more complete picture of our recurring core business operating results, we include in non-GAAP net income and non-GAAP diluted net income per share, the tax adjustment required resulting in an effective tax rate on a non-GAAP basis, which often differs from the GAAP tax rate. We believe the non-GAAP effective tax rates we use are reasonable estimates of normalized tax rates for our current and prior fiscal years under our global operating structure. The same limitations described above regarding our use of non-GAAP operating income and non-GAAP operating margin apply to our use of non-GAAP net income and non-GAAP diluted net income per share. We account for these limitations by providing specific information regarding the GAAP amounts excluded from non-GAAP net income and non-GAAP diluted net income per share and evaluating non-GAAP net income and non-GAAP diluted net income per share together with net income and diluted net income per share calculated in accordance with GAAP. FORTINET, INC.CONDENSED CONSOLIDATED BALANCE SHEETS(Unaudited, in millions) June 30,2024 December 31,2023 ASSETS CURRENT ASSETS: Cash and cash equivalents $ 2,203.2 $ 1,397.9 Short-term investments 1,114.9 1,021.5 Marketable equity securities 21.2 21.0 Accounts receivable—net 1,083.4 1,402.0 Inventory 383.2 484.8 Prepaid expenses and other current assets 113.4 101.1 Total current assets 4,919.3 4,428.3 PROPERTY AND EQUIPMENT—NET 1,242.7 1,044.4 DEFERRED CONTRACT COSTS 596.9 605.6 DEFERRED TAX ASSETS 998.5 868.8 GOODWILL AND OTHER INTANGIBLE ASSETS—NET 158.1 161.8 OTHER ASSETS 137.4 150.0 TOTAL ASSETS $ 8,052.9 $ 7,258.9 LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) CURRENT LIABILITIES: Accounts payable $ 132.1 $ 204.3 Accrued liabilities 400.6 423.7 Accrued payroll and compensation 217.3 242.3 Deferred revenue 2,975.3 2,848.7 Total current liabilities 3,725.3 3,719.0 DEFERRED REVENUE 2,920.9 2,886.3 LONG-TERM DEBT 993.3 992.3 OTHER LIABILITIES 125.2 124.7 Total liabilities 7,764.7 7,722.3 COMMITMENTS AND CONTINGENCIES STOCKHOLDERS’ EQUITY (DEFICIT): Common stock 0.8 0.8 Additional paid-in capital 1,499.0 1,416.4 Accumulated other comprehensive loss (29.0 ) (18.9 ) Accumulated deficit (1,182.6 ) (1,861.7 ) Total stockholders’ equity (deficit) 288.2 (463.4 ) TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) $ 8,052.9 $ 7,258.9 FORTINET, INC.CONDENSED CONSOLIDATED STATEMENTS OF INCOME(Unaudited, in millions, except per share amounts) Three Months Ended Six Months Ended June 30,2024 June 30,2023 June 30,2024 June 30,2023 REVENUE: Product $ 451.9 $ 472.6 $ 860.8 $ 973.3 Service 982.4 820.2 1,926.8 1,581.8 Total revenue 1,434.3 1,292.8 2,787.6 2,555.1 COST OF REVENUE: Product 155.1 174.5 337.9 368.1 Service 119.9 121.3 241.8 235.5 Total cost of revenue 275.0 295.8 579.7 603.6 GROSS PROFIT: Product 296.8 298.1 522.9 605.2 Service 862.5 698.9 1,685.0 1,346.3 Total gross profit 1,159.3 997.0 2,207.9 1,951.5 OPERATING EXPENSES: Research and development 165.4 153.3 338.4 304.4 Sales and marketing 501.3 515.9 1,002.4 994.2 General and administrative 56.6 49.9 111.0 102.7 Gain on intellectual property matter (1.2 ) (1.1 ) (2.3 ) (2.3 ) Total operating expenses 722.1 718.0 1,449.5 1,399.0 OPERATING INCOME 437.2 279.0 758.4 552.5 INTEREST INCOME 38.3 31.6 70.5 52.2 INTEREST EXPENSE (5.0 ) (5.2 ) (10.1 ) (10.2 ) OTHER EXPENSE—NET (2.2 ) (6.2 ) (5.1 ) (4.2 ) INCOME BEFORE INCOME TAXES AND LOSS FROM EQUITY METHOD INVESTMENTS 468.3 299.2 813.7 590.3 PROVISION FOR INCOME TAXES 76.5 27.6 116.0 48.9 LOSS FROM EQUITY METHOD INVESTMENTS (12.0 ) (5.3 ) (18.6 ) (27.4 ) NET INCOME $ 379.8 $ 266.3 $ 679.1 $ 514.0 Net income per share: Basic $ 0.50 $ 0.34 $ 0.89 $ 0.66 Diluted $ 0.49 $ 0.33 $ 0.88 $ 0.65 Weighted-average shares outstanding: Basic 763.8 785.0 763.1 784.1 Diluted 769.9 795.9 770.2 794.7 FORTINET, INC.CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(Unaudited, in millions) Six Months Ended June 30,2024 June 30,2023 CASH FLOWS FROM OPERATING ACTIVITIES: Net income $ 679.1 $ 514.0 Adjustments to reconcile net income to net cash provided by operating activities: Stock-based compensation 126.2 121.3 Amortization of deferred contract costs 144.7 127.9 Depreciation and amortization 57.8 54.9 Amortization of investment discounts (24.9 ) (5.9 ) Loss from equity method investments 18.6 27.4 Other 7.0 8.8 Changes in operating assets and liabilities, net of impact of business combination: Accounts receivable—net 318.9 179.0 Inventory 85.2 (130.2 ) Prepaid expenses and other current assets (12.3 ) (35.4 ) Deferred contract costs (136.0 ) (168.5 ) Deferred tax assets (130.3 ) (161.8 ) Other assets (7.6 ) 10.8 Accounts payable (67.2 ) (3.6 ) Accrued liabilities (24.9 ) 168.3 Accrued payroll and compensation (24.3 ) 6.0 Other liabilities 0.7 (9.7 ) Deferred revenue 161.7 489.3 Net cash provided by operating activities 1,172.4 1,192.6 CASH FLOWS FROM INVESTING ACTIVITIES: Purchases of investments (974.3 ) (804.6 ) Maturities of investments 904.6 445.1 Purchases of property and equipment (245.0 ) (107.1 ) Payments made in connection with business combination, net of cash acquired (5.7 ) — Other — 0.1 Net cash used in investing activities (320.4 ) (466.5 ) CASH FLOWS FROM FINANCING ACTIVITIES: Proceeds from issuance of common stock 19.6 29.3 Taxes paid related to net share settlement of equity awards (63.1 ) (59.7 ) Other (0.8 ) (1.0 ) Net cash used in financing activities (44.3 ) (31.4 ) EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS (2.4 ) (1.3 ) NET INCREASE IN CASH AND CASH EQUIVALENTS 805.3 693.4 CASH AND CASH EQUIVALENTS—Beginning of period 1,397.9 1,682.9 CASH AND CASH EQUIVALENTS—End of period $ 2,203.2 $ 2,376.3 Reconciliations of non-GAAP results of operations measures to the nearest comparable GAAP measures(Unaudited, in millions, except per share amounts) Reconciliation of GAAP operating income to non-GAAP operating income, operating margin, net income and diluted net income per share Three Months Ended June 30,2024 June 30,2023 Reconciliation of non-GAAP operating income: GAAP operating income $ 437.2 $ 279.0 GAAP operating margin 30.5 % 21.6 % Add back: Stock‐based compensation 64.3 65.7 Amortization of acquired intangible assets 3.3 4.5 Gain on intellectual property matter (1.2 ) (1.1 ) Non‐GAAP operating income $ 503.6 $ 348.1 Non‐GAAP operating margin 35.1 % 26.9 % Reconciliation of non-GAAP net income: GAAP net income $ 379.8 $ 266.3 Add back: Stock‐based compensation 64.3 65.7 Amortization of acquired intangible assets 3.3 4.5 Gain on intellectual property matter (1.2 ) (1.1 ) Tax adjustment (a) (14.3 ) (35.0 ) Non-cash charge on equity method investment (b) 8.0 — Non-GAAP net income $ 439.9 $ 300.4 Non-GAAP net income per share, diluted Non-GAAP net income $ 439.9 $ 300.4 Non-GAAP shares used in diluted net income per share calculations 769.9 795.9 Non-GAAP net income per share, diluted $ 0.57 $ 0.38 Reconciliation of non-GAAP net income per share, diluted GAAP net income per share $ 0.49 $ 0.33 Add back: Non-GAAP adjustments to net income per share 0.08 0.05 Non-GAAP net income per share, diluted $ 0.57 $ 0.38 (a) Non-GAAP financial information is adjusted to an effective tax rate of 17% in the three months ended June 30, 2024 and 2023, respectively, on a non-GAAP basis, which differs from the GAAP effective tax rate.(b) To exclude an $8.0 million non-cash charge of impairment on our equity method investment in Linksys. Reconciliation of net cash provided by operating activities to free cash flow Three Months Ended June 30,2024 June 30,2023 Net cash provided by operating activities $ 342.0 $ 515.1 Less: Purchases of property and equipment (23.1 ) (76.8 ) Free cash flow $ 318.9 $ 438.3 Net cash used in investing activities $ (50.1 ) $ (424.1 ) Net cash used in financing activities $ (14.0 ) $ (17.7 ) Reconciliation of total revenue to total billings Three Months Ended June 30,2024 June 30,2023 Total revenue $ 1,434.3 $ 1,292.8 Add: Change in deferred revenue 106.3 247.7 Total billings $ 1,540.6 $ 1,540.5 Investor Contact: Media Contact: Aaron Ovadia Michelle Zimmermann Fortinet, Inc. Fortinet, Inc. 408-235-7700 408-235-7700 investors@fortinet.com pr@fortinet.com

全方位整合與自動化網路資安領導廠商 Fortinet 今（27）日與研究機構Cybersecurity Insiders攜手公布《2022 年雲端資安報告》。報告針對全球逾800位跨產業網路安全專家進行調查，結果顯示，多數企業選擇以混合雲或多雲部署實踐雲端整合，而隨著上雲比例不斷攀升，企業也面臨網路攻擊複雜度提高、雲端防護不足等問題，使得「資安人才」及「雲端資安技能」的缺乏，成為建置與維護多雲環境的最大挑戰。 Fortinet台灣區總經理吳章銘表示：「疫情加速企業數位化進程，帶來隨處辦公的全新工作型態，為了提升存取資料的便利性，上雲轉型已成不可逆的趨勢。Fortinet除了透過雲原生解決方案協助企業建構完善的資安生態系，更成立網路資安培訓學院，提供免費資安培訓與合作夥伴認證課程，致力於培育資安人才、縮小技能落差，奠定台灣雲世代資安力的堅實基礎。」 Fortinet《2022年雲端資安報告》歸納出的三大發現包括：一、數位創新加速雲端採用普及化，混合雲與多雲策略躍升主流近年來為推動資訊科技（IT）的現代化及數位轉型，全球企業的上雲趨勢日益顯著。調查數據指出，近四成（39%）的企業已將超過半數的工作負載移轉至雲端，以優化內部資源和降低生產成本。此外，多數企業選擇採用混合雲（39%）或多雲部署（33%）整合雲端服務、增加擴充性及確保營運穩定，更有近八成（76%）目前使用兩個以上的雲端服務供應商。二、勒索軟體威脅升溫，資安人才缺口、技能落差成企業上雲最大阻礙面對日益猖獗的勒索軟體攻擊，企業開始愈發關注雲端安全治理，高達95% 企業對於雲端資安的重視程度介於中度至極度在意。然而，由地端逐步遷移到雲端的過程裡，卻有40% 的企業表示遭遇「資安人才不足」的重大阻礙，導致雲端採用的步調被迫放緩，亦有逾六成（61%）的企業指出，人員缺乏部署與管理雲端解決方案的資安技能，讓多雲環境的維護面臨嚴峻挑戰。三、雲端配置錯誤淪資安破口，簡化管理複雜性至為關鍵除了資安人才與雲端管理能力的不足外，企業也正積極避免雲端組態設定錯誤可能帶來的資料外洩危機。報告指出，超過六成（62%）企業認為公有雲首要威脅是雲端平台錯誤配置，使得降低雲端管理的複雜度並提高資安效率成為關鍵。因此，將近八成（78%）的企業表示，若採用單一雲端資安平台來進行資安防禦，將對持續且全面保護雲端資料極度或非常有幫助。 Fortinet 建議採用由AI 驅動的單一雲端資安平台，助企業有效對抗新型態資安威脅隨著越來越多網路犯罪者在暗網兜售攻擊服務，推進犯罪即服務（Crime-as-a-Service，CaaS）在資安戰場的迅速擴張，並試圖將人工智慧轉化為大規模武器，Fortinet 建議企業透過人工智慧驅動的單一雲端資安平台，以抵禦不斷演進的資安攻擊。Fortinet 基於雲端原生環境建構的FortiSASE解決方案，不僅整合FortiOS系統與FortiGuard Labs人工智慧驅動的威脅情報，讓資安人員得以使用單一平台進行雲端配置，更透過簡單的雲端管理與強化的網路安全分析，協助企業實現雲端數位轉型、化繁為簡的全方位防護策略。而FortiSASE亦在2022年Gartner® 首度發布的「單一供應商SASE市場指南（Gartner® Market Guide for Single-Vendor SASE）」榮膺代表供應商。