Fortinet (FTNT) Restructuring Costs (2015 - 2017)
Fortinet (FTNT) posted Restructuring Costs of -$100000.0 for Q2 2017, down 125.0% on a QoQ basis from $400000.0 in Q1 2017, and down 118.08% year-over-year from $553000.0 in Q2 2016.
Fortinet (FTNT) Restructuring Costs (2015 - 2017) Analysis & Trends
Fortinet has reported Restructuring Costs for 3 years, with the latest figure at -$100000.0 in Q2 2017.
- On a quarterly basis, Restructuring Costs fell 118.08% year-over-year to -$100000.0 in Q2 2017; TTM through Mar 2018 was -$100000.0, a 102.46% decrease from a year earlier, with the FY2017 full-year figure at $300000.0, down 92.5% from the prior year.
- Restructuring Costs was -$100000.0 for Q2 2017 at Fortinet, down from $400000.0 in the prior quarter.
- The five-year high for Restructuring Costs was $5.9 million in Q3 2015, with the low at -$100000.0 in Q2 2017.
- Average Restructuring Costs over 3 years is $1.5 million, with a median of $694500.0 recorded in 2016.
- The largest YoY upside for Restructuring Costs was 21.95% in 2017 against a maximum downside of 118.08% in 2017.
- Over 3 years, Restructuring Costs stood at $1.7 million in 2015, then slumped by 51.31% to $836000.0 in 2016, then slumped by 111.96% to -$100000.0 in 2017.
- The last three Restructuring Costs figures came in at -$100000.0 (Q2 2017), $400000.0 (Q1 2017), and $836000.0 (Q4 2016), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 320.54 Bn | 317.47 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 268.77 Bn | 263.80 Bn | 1.10 Bn |
| 3 | Fortinet | 131.12 Bn | 127.05 Bn | 1.64 Bn |
| 4 | Snowflake | 118.02 Bn | 115.67 Bn | 1.04 Bn |
| 5 | Datadog | 90.27 Bn | 85.29 Bn | 881.34 Mn |
| 6 | Axon Enterprise | 36.61 Bn | 35.93 Bn | 546.45 Mn |
| 7 | Zscaler | 34.97 Bn | 31.49 Bn | - |
| 8 | MongoDB | 34.51 Bn | 32.10 Bn | 569.77 Mn |
| 9 | Okta | 34.32 Bn | 32.02 Bn | 641.00 Mn |
| 10 | Baidu | 30.55 Bn | 8.15 Bn | 1.76 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2017 | -100,000.00 |
| Mar 31, 2017 | 400,000.00 |
| Dec 31, 2016 | 836,000.00 |
| Sep 30, 2016 | 2.28 Mn |
| Jun 30, 2016 | 553,000.00 |
| Mar 31, 2016 | 328,000.00 |
| Dec 31, 2015 | 1.72 Mn |
| Sep 30, 2015 | 5.88 Mn |
Fortinet Restructuring Costs API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=restructuring-costs&ticker=FTNT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "restructuring-costs", "ticker": "FTNT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=restructuring-costs&ticker=FTNT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();