Fortinet (FTNT) Restructuring Costs (2015 - 2017)
Fortinet (FTNT) recorded quarterly Restructuring Costs of -$100000.0 in Q2 2017, down 125.0% quarter-over-quarter from $400000.0 in Q1 2017, and down 118.08% on a YoY basis from $553000.0 in Q2 2016.
Fortinet (FTNT) Restructuring Costs (2015 - 2017) Analysis & Trends
Fortinet's Restructuring Costs history runs 3 years deep, the most recent figure standing at -$100000.0 for Q2 2017.
- In Q2 2017, Restructuring Costs fell 118.08% year-over-year to -$100000.0; the TTM figure through Mar 2018 stood at -$100000.0 (down 102.46% YoY), while the FY2017 annual figure was $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.
- In the past five years, Restructuring Costs ranged from a high of $5.9 million in Q3 2015 to a low of -$100000.0 in Q2 2017.
- Historically, Restructuring Costs has averaged $1.5 million across 3 years, with a median of $694500.0 in 2016.
- Biggest YoY gain for Restructuring Costs was 21.95% in 2017; the steepest drop was 118.08% in 2017.
- A 3-year view of Restructuring Costs shows it stood at $1.7 million in 2015, then tumbled by 51.31% to $836000.0 in 2016, then tumbled 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 | Microsoft | 3,064.95 Bn | 2,986.68 Bn | 56.06 Bn |
| 2 | Alarum Technologies | 1,117.04 Bn | 1,102.89 Bn | 7.23 Mn |
| 3 | Oracle | 608.54 Bn | 569.96 Bn | 15.14 Bn |
| 4 | Palantir Technologies | 326.97 Bn | 319.05 Bn | 1.42 Bn |
| 5 | Palo Alto Networks | 185.10 Bn | 180.56 Bn | 1.91 Bn |
| 6 | CrowdStrike Holdings | 165.31 Bn | 162.25 Bn | 993.68 Mn |
| 7 | Fortinet | 105.66 Bn | 102.37 Bn | 1.49 Bn |
| 8 | Synopsys | 89.71 Bn | 89.60 Bn | 1.77 Bn |
| 9 | Cloudflare | 87.54 Bn | 86.60 Bn | 455.60 Mn |
| 10 | CoreWeave | 53.90 Bn | 51.63 Bn | 2.01 Bn |
Historic Data
Download 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 |