Fortinet Files 8-K on Financial Condition & Operations
Ticker: FTNT · Form: 8-K · Filed: Feb 6, 2024 · CIK: 1262039
| Field | Detail |
|---|---|
| Company | Fortinet, Inc. (FTNT) |
| Form Type | 8-K |
| Filed Date | Feb 6, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: financial-condition, results-of-operations, 8-K, corporate-update
TL;DR
**Fortinet just dropped an 8-K about its financials, get ready for potential stock moves.**
AI Summary
Fortinet, Inc. filed an 8-K on February 6, 2024, to report its results of operations and financial condition. This filing indicates that the company is providing an update on its financial performance, likely ahead of a full earnings report. For investors, this matters because it offers an early look into the company's health and could influence stock price movements based on whether the results meet or miss expectations, potentially signaling future growth or challenges.
Why It Matters
This filing signals that Fortinet is updating the market on its financial health, which is crucial for investors to assess the company's performance and future prospects.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of financial information, not indicating any immediate new risks but rather providing transparency.
Analyst Insight
A smart investor would monitor Fortinet's upcoming earnings call or full financial report for the specific details hinted at by this 8-K, as the 'Results of Operations and Financial Condition' item suggests important financial updates are being disclosed.
Key Numbers
- February 6, 2024 — Date of Report (The date the earliest event reported in the 8-K occurred.)
- 001-34511 — Commission File Number (Fortinet's unique identifier with the SEC.)
- 77-0560389 — IRS Employer Identification No. (Fortinet's tax identification number.)
- $0.001 — Par Value (The nominal value of Fortinet's Common Stock.)
Key Players & Entities
- Fortinet, Inc. (company) — the registrant filing the 8-K
- February 6, 2024 (date) — date of earliest event reported
- Delaware (company) — state of incorporation for Fortinet, Inc.
- 001-34511 (dollar_amount) — Commission File Number
- 77-0560389 (dollar_amount) — IRS Employer Identification No.
- 899 Kifer Road Sunnyvale, CA 94086 (company) — principal executive offices address
- 408-235-7700 (dollar_amount) — registrant's telephone number
- Common Stock, $0.001 Par Value (company) — title of class of securities registered
- FTNT (company) — trading symbol on Nasdaq
- The Nasdaq Stock Market LLC (company) — exchange on which securities are registered
Forward-Looking Statements
- Fortinet will release its full Q4 2023 earnings report shortly after this 8-K filing. (Fortinet, Inc.) — high confidence, target: 2024-02-29
FAQ
What is the purpose of Fortinet, Inc.'s 8-K filing on February 6, 2024?
Fortinet, Inc. filed this 8-K to report on 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits' as of February 6, 2024, indicating an update on their financial performance.
What is Fortinet, Inc.'s trading symbol and on which exchange is it registered?
Fortinet, Inc.'s trading symbol is FTNT, and its Common Stock, $0.001 Par Value, is registered on The Nasdaq Stock Market LLC.
What is the address of Fortinet, Inc.'s principal executive offices?
The address of Fortinet, Inc.'s principal executive offices is 899 Kifer Road, Sunnyvale, CA 94086.
Is Fortinet, Inc. considered an emerging growth company according to this filing?
No, the filing indicates with a '☐' (unchecked box) that Fortinet, Inc. is not an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
What is the state of incorporation for Fortinet, Inc.?
Fortinet, Inc. is incorporated in Delaware.
Filing Stats: 502 words · 2 min read · ~2 pages · Grade level 11.4 · Accepted 2024-02-06 16:10:36
Key Financial Figures
- $0.001 — nge on which registered) Common Stock, $0.001 Par Value FTNT The Nasdaq Stock Market
Filing Documents
- ftnt-20240206.htm (8-K) — 27KB
- ftntq4-2023ex991.htm (EX-99.1) — 312KB
- fortinetlogoq215a01a23a.jpg (GRAPHIC) — 16KB
- 0001262039-24-000006.txt ( ) — 509KB
- ftnt-20240206.xsd (EX-101.SCH) — 2KB
- ftnt-20240206_lab.xml (EX-101.LAB) — 24KB
- ftnt-20240206_pre.xml (EX-101.PRE) — 12KB
- ftnt-20240206_htm.xml (XML) — 3KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On February 6, 2024, Fortinet, Inc. issued a press release reporting its financial results for the fourth quarter and year ended December 31, 2023. A copy of the press release is furnished herewith as Exhibit 99.1 and is incorporated herein by reference. This information shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press release dated Fe bruary 6 , 20 2 4 104 Cover Page Interactive Data File - the cover page for this Current Report on Form 8-K is formatted in iXBRL
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Fortinet, Inc. Date: February 6, 2024 By: /s/ JOHN WHITTLE John Whittle Chief Operating Officer