Investors might want to bet on Fortinet (FTNT) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Since a changing earnings pic ...

Core Insights - Corero Network Security has formed a strategic partnership with Brazil-based TechEnabler to enhance its DDoS Protection-as-a-Service (DDPaaS) solution with the addition of Corero 3400 400G appliances [1][2] - The partnership is part of Corero's recent success in Brazil, securing four deals totaling over $2 million in the past four months [1] - TechEnabler will utilize Corero's SmartWall ONE™ DDoS protection solutions to provide managed security services across Latin America, addressing the increasing demand for scalable DDoS mitigation strategies [2][3] Company Developments - Corero's CEO, Carl Herberger, emphasized the global demand for automated DDoS protection and the importance of the partnership with TechEnabler as a means to expand its presence in Latin America [3] - In addition to TechEnabler, Corero has signed agreements with DigitalnetBR and Forte Telecom, showcasing its commitment to providing high-performance DDoS defense technology tailored for complex network environments [3] Company Overview - Corero Network Security specializes in automatic detection and protection solutions against DDoS threats, ensuring internet service availability [4] - The company operates from its headquarters in London, with operational centers in Marlborough, Massachusetts, and Edinburgh, UK, and is listed on the London Stock Exchange's AIM market and the US OTCQX Market [4]

Core Insights - Corero Network Security has expanded its partnership with Juniper Networks, allowing Juniper to sell Corero's complete DDoS protection suite to a wider range of customers [1][2] - The partnership enables Juniper to offer advanced DDoS protection solutions, including SmartWall ONE™ and the cloud-native CORE platform, enhancing security capabilities for organizations [2][3] - This collaboration is particularly beneficial for customers operating in mixed network environments, as it provides robust DDoS protection without the need for costly infrastructure changes [3] Company Overview - Corero Network Security specializes in DDoS protection solutions, focusing on automatic detection and protection with network visibility, analytics, and reporting tools [3] - The company is headquartered in London and operates centers in Marlborough, Massachusetts, USA, and Edinburgh, UK, and is listed on the London Stock Exchange's AIM market and the US OTCQX Market [3]

Group 1 - The first "Wanggu Cup" cybersecurity competition concluded successfully in Wuhan, China, with over 1,000 participants from more than 300 universities and companies [1] - The competition featured individual and team events focused on application and foundational software security, emphasizing vulnerability discovery and offensive-defensive tactics [1] - A total prize pool of 200,000 yuan was awarded, with 30 individuals and 8 teams advancing to the finals [1] Group 2 - Chen Xingyue, Vice Chairman of the Cybersecurity Research Center, emphasized that cybersecurity is the foundation of digital China and that talent is the core competitive advantage in offensive and defensive operations [2] - The Wuhan Jinyinhu Laboratory, established in 2022, has gathered significant talent, including 8 academicians and 46 professors, focusing on innovative research and development in cybersecurity [4] - The laboratory aims to foster practical platforms for talent cultivation and accelerate the transformation of cybersecurity technology achievements through collaboration with industry partners [5]

Financial Performance - Revenue for Fiscal Q2 2025 reached $648 million, a 23% year-over-year increase, exceeding the guidance of $633M - $635M [7] - Calculated billings for Q2 2025 were $743 million, representing an 18% year-over-year growth [7] - Calculated Current Billings were $711 million, a 19% year-over-year increase [7] - The company achieved a gross margin of 80.4% in Q2 2025, surpassing the guidance of approximately 80% [7] - Operating profit for Q2 2025 was $140 million, resulting in a 21.7% margin, exceeding the guidance of $126M - $128M which was ~20% margin [7] - Earnings per share (EPS) for Q2 2025 was $0.78, a 24% year-over-year increase, exceeding the guidance of $0.68 - $0.69 [7] - Free cash flow for Q2 2025 was $143 million, resulting in a 22% margin [7] Business Growth - Remaining Performance Obligations (RPO) exceeded $4.6 billion, with a 28% year-over-year growth [10] - Annual Recurring Revenue (ARR) reached $2.7 billion, with a 23% year-over-year growth [10] - The number of customers with over $1 million in ARR increased by 25% year-over-year, reaching 620 [10] Future Outlook - The company increased its FY25 revenue guidance to $2.640B - $2.654B, representing approximately 22% year-over-year growth [43]