Latest news with #UnifiedSASE
Yahoo
5 days ago
- Business
- Yahoo
Fortinet's (FTNT) Q2 Results Impress as Billings and Operating Margin top Guidance
Fortinet, Inc. (NASDAQ:FTNT) is one of the top tech stocks with a strong return on equity. On August 7, the company delivered solid second-quarter results, as it topped both billing and operating margin guidance. Total billings increased by 15% to $1.78 billion in the quarter, driven by a 21% rise in Unified SASE and a 31% increase in SecOPs. The increase was driven by continued momentum among large enterprise customers, with a total deal value exceeding $1 million. The company reported quarterly adjusted earnings of $0.64 per share, higher than the $0.57 per share delivered in the same quarter last year. Revenue in the quarter was up 13.6% year-over-year to $1.63 billion, higher than $1.62 billion that analysts expected. During the quarter, Fortinet launched three new cloud services: FortiIdentity, FortiDrive, and FortiConnect. For the third quarter, Fortinet expects guided billing to range between $1.76 billion and $1.84 billion. It expects revenues to range between $1.67 billion and $1.73 billion with non-GAAP EPS of between $0.62 and $0.64 a share. The company also raised the midpoint of its full-year billings guidance by $100 million to between $7.325 billion and $7.475 billion. Fortinet, Inc. (NASDAQ:FTNT) is a cybersecurity company that provides a wide range of security solutions for businesses, governments, and service providers. It offers products and services to protect networks, applications, and data from cyber threats. Its platform includes firewalls, switches, access points, and AI-powered security services. While we acknowledge the potential of FTNT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 13 Best NYSE Penny Stocks to Invest in Now and 10 Best 52-Week High Stocks to Buy According to Analysts. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
17-07-2025
- Business
- Yahoo
Aryaka Announces Partnership with TD SYNNEX
Aryaka will bring innovative Aryaka Unified SASE as a Service to new customers across the globe with TD SYNNEX SANTA CLARA, Calif., July 17, 2025--(BUSINESS WIRE)--Aryaka®, the leader in and first to deliver Unified SASE as a Service, today announced a new partnership with TD SYNNEX, a leading global distributor and solutions aggregator for the IT ecosystem. This partnership will bring Aryaka's award-winning Unified SASE as a Service to new enterprise partners and customers across the world. "This is a major milestone for Aryaka. We've always been a partner-driven company, and TD SYNNEX has long established itself as the world's leading IT distributor," said Nick Alagna, Vice President of Global Channels, Aryaka. "This partnership will allow Aryaka to ramp up our GTM efforts and help more enterprises realize the benefits of secure networking." The partnership will expand Aryaka's sales reach globally, empowering more organizations to modernize, optimize, and transform their networks. Aryaka Unified SASE as a Service is a fully integrated solution that combines networking, security, and observability into a single offering. The service is designed to help organizations future-proof their network and network security to accommodate rising generative AI adoption and support highly distributed, multi-cloud environments. "TD SYNNEX is committed to uniting IT solutions that deliver business outcomes today and unlock growth for the future," said Mike Allers, VP of Security and Networking at TD SYNNEX. "Our partnership with Aryaka enriches the breadth and depth of our security offerings so customers can remain prepared for evolving cyber threats and do great things with technology." By seamlessly converging networking and security, Aryaka improves application performance, reduces operational complexity, lowers infrastructure costs, and increases scalability. Visit here to learn more about how Aryaka's Unified SASE as a Service provides speed, agility, simplicity, and security without trade-offs. Additional Resources:For more on Aryaka, please visit: Visit the Aryaka blog: Follow Aryaka on X: @AryakaNetworksVisit Aryaka on LinkedIn: About Aryaka Aryaka is the leader in delivering Unified SASE as a Service, a fully integrated solution combining networking, security, and observability. Built for the demands of Generative AI as well as today's multi-cloud hybrid world, Aryaka enables enterprises to transform their secure networking to deliver uncompromised performance, agility, simplicity, and security. Aryaka's flexible delivery options empower businesses to choose their preferred approach for implementation and management. Hundreds of global enterprises, including several in the Fortune 100, depend on Aryaka for their secure networking solutions. For more on Aryaka, please visit About TD SYNNEX TD SYNNEX (NYSE: SNX) is a leading global distributor and solutions aggregator for the IT ecosystem. We're an innovative partner helping more than 150,000 customers in 100+ countries to maximize the value of technology investments, demonstrate business outcomes and unlock growth opportunities. Headquartered in Clearwater, Florida, and Fremont, California, TD SYNNEX's 23,000 co-workers are dedicated to uniting compelling IT products, services and solutions from 2,500+ best-in-class technology vendors. Our edge-to-cloud portfolio is anchored in some of the highest-growth technology segments including cloud, cybersecurity, big data/analytics, AI, IoT, mobility and everything as a service. TD SYNNEX is committed to serving customers and communities, and we believe we can have a positive impact on our people and our planet, intentionally acting as a respected corporate citizen. We aspire to be a diverse and inclusive employer of choice for talent across the IT ecosystem. For more information, visit follow our newsroom or follow us on LinkedIn, Facebook and Instagram. View source version on Contacts Jordan Tewell10Fold for Aryakaaryaka@
