Fortinet launched a network firewall designed for hyperscale data centers as well as 5G networks. The FortiGate 4400F highlights how the company is leveraging its NP7 network processor to expand its portfolio as it continues to report strong earnings and revenue growth.
The company has said hyperscale data centers and cloud providers are a key market for it and SD-WAN demand remains strong as Fortinet reported better-than-expected second quarter results and raised it outlook.
The Fortigate 4400F is powered by NP7 and includes the following:
- Carrier-grade network address translation to enable packet delivery networks, accelerates hardware and offers low latency for logging and audit trails.
- Scale for security at 4G and 5G mobile and high capacity networks.
- URL filtering and tools to secure additional services on networks.
FortiGate 4400F competes with offerings from Palo Alto Networks, Checkpoint, Cisco and Juniper.
According to Fortinet, the FortiGate 4400F also runs on its Fabric Management Center and FortiOS and is integrated with the Fortinet Security Fabric, which includes FortiGuard services, proactive threat detection and virtual patching.
Separately, Fortinet reported second quarter earnings of $112.1 million, or 68 cents a share, on revenue of $615.5 million, up 18% from a year ago.
Wall Street was looking for revenue of $599 million in the second quarter with non-GAAP earnings of 65 cents a share.
Fortinet CEO Ken Xie said SD-WAN and work-from-home related security products saw strong demand.
As for the outlook, Fortinet said third quarter revenue will be between $630 million to $645 million with non-GAAP earnings between 76 cents a share to 78 cents a share. Wall Street was looking for third quarter non-GAAP earnings of 72 cents a share on revenue of $624.3 million.
Credit: Zdnet
