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Exam Code: NSE4_FGT-7.0 Practice exam 2023 by team
NSE4_FGT-7.0 Fortinet NSE 40 - FortiOS 7.0

Title: Fortinet NSE 4 - FortiOS 7.0 (NSE4_FGT-7.0)

Test Detail:
The Fortinet NSE 4 - FortiOS 7.0 (NSE4_FGT-7.0) exam is designed to validate the knowledge and skills required to effectively configure, manage, and troubleshoot Fortinet FortiOS 7.0 devices. This certification is intended for professionals who work with Fortinet FortiOS devices and are responsible for their administration and security.

Course Outline:
The Fortinet NSE 4 - FortiOS 7.0 course provides participants with a comprehensive understanding of Fortinet FortiOS 7.0 and its features. The following is a general outline of the key areas covered in the certification program:

1. Fortinet Security Fabric and FortiOS Overview:
- Introduction to the Fortinet Security Fabric architecture
- Overview of FortiOS features and functionalities
- Understanding Fortinet's security products and solutions

2. FortiOS Configuration and Administration:
- Fortinet FortiGate device installation and initial configuration
- Managing network interfaces and security policies
- Configuring VPNs, firewall, and NAT policies

3. Fortinet Security Services:
- Configuring antivirus, web filtering, and application control
- Implementing intrusion prevention system (IPS) and data leak prevention (DLP)
- Using Fortinet's advanced threat protection (ATP) features

4. Fortinet FortiGate High Availability (HA):
- Implementing high availability (HA) configurations for FortiGate devices
- Configuring and managing HA synchronization and failover
- Troubleshooting HA-related issues

5. Fortinet FortiAnalyzer and FortiManager:
- Introduction to Fortinet FortiAnalyzer for log analysis and reporting
- Using Fortinet FortiManager for centralized device management
- Integration and coordination between FortiAnalyzer, FortiManager, and FortiGate

Exam Objectives:
The Fortinet NSE 4 - FortiOS 7.0 (NSE4_FGT-7.0) exam assesses candidates' knowledge and skills in configuring, managing, and troubleshooting Fortinet FortiOS 7.0 devices. The exam objectives include, but are not limited to:

1. Understanding the Fortinet Security Fabric and FortiOS features.
2. Configuring and managing Fortinet FortiGate devices.
3. Implementing Fortinet security services and features.
4. Configuring and troubleshooting Fortinet FortiGate high availability (HA).
5. Using Fortinet FortiAnalyzer and FortiManager for log analysis and device management.

The Fortinet NSE 4 - FortiOS 7.0 (NSE4_FGT-7.0) certification program typically includes comprehensive training provided by Fortinet or authorized training partners. The syllabus provides a breakdown of the syllabus covered throughout the course, including specific learning objectives and milestones. The syllabus may include the following components:

- Introduction to Fortinet NSE 4 - FortiOS 7.0 (NSE4_FGT-7.0) exam overview and certification process
- Fortinet Security Fabric and FortiOS Overview
- FortiOS Configuration and Administration
- Fortinet Security Services
- Fortinet FortiGate High Availability (HA)
- Fortinet FortiAnalyzer and FortiManager
- exam Preparation and Practice Tests
- Final Fortinet NSE 4 - FortiOS 7.0 (NSE4_FGT-7.0) Certification Exam
Fortinet NSE 40 - FortiOS 7.0
Fortinet Fortinet questions
Killexams : Fortinet Fortinet questions - BingNews Search results Killexams : Fortinet Fortinet questions - BingNews Killexams : Is It Too Late to Buy Fortinet Stock? No result found, try new keyword!Fortinet's headline numbers looked healthy, but an unexpected reduction to its full-year revenue forecast rattled the bulls and sparked a broad sell-off across the cybersecurity sector. Does that grim ... Mon, 07 Aug 2023 23:21:00 -0500 en-us text/html Killexams : Fortinet: The Market Is Overreacting To The Guidance Cut And Providing A Good Buying Opportunity No result found, try new keyword!Fortinet offers a comprehensive solution through integrated hardware and software services, tapping into the thriving market. See why I'm bullish on FTNT stock. Sun, 20 Aug 2023 03:24:19 -0500 en-us text/html Killexams : Fortinet's Stock Crashed -- Is This Leading Cybersecurity Provider Done For?

Fortinet's (FTNT 1.49%) magnificent 2023 rally that sent shares to new all-time highs is over -- at least for now. Following second-quarter 2023 financial updates, the market was mighty displeased with management's guidance.

Whenever a stock fetches a high premium, investors expect management to under-promise and over-deliver, not the other way around. Is it time to bail on Fortinet?

Normalization, or outright disconnect with reality?

Fortinet reported Q2 2023 revenue of $1.29 billion, up 26% from last year. Within that total, product sales (like firewalls, a security device to manage traffic into and out of a physical location) increased 18% to $473 million, and services (of which 55% are security software subscriptions, or SaaS) grew 30% to $820 million. Earnings per share were $0.33, up 57%, and free cash flow (FCF) was up 54% to $438 million.

But the problem had little to do with last quarter, but a lot with the future. Earlier this year, management had said billings (invoices sent to SaaS customers for payment due) would rise to $1.56 billion to $1.6 billion as Fortinet's massive product revenue over the last few years starts to translate into more software and service. But Fortinet delivered a real shock when it said those billings ended up being just $1.54 billion, below guidance.

Worse yet, full-year 2023 revenue guidance was lowered as much as $75 million less than previously expected to a range of $5.35 billion to $5.45 billion. The services segment is partly to blame as sales from that segment have apparently been delayed by some customers. However, it also seems that product inventory is in need of being right-sized too.

For investors who follow the semiconductor and computing hardware industries, this likely sounds familiar. There are too many of some data center components on hand at the moment, and the current boom of generative AI servers (mostly Nvidia chips powering services like ChatGPT) have also led a lot of cloud and service providers to rethink and retool their designs. Perhaps this is also ripping into Fortinet's downward revision. Additionally, some retail customers are coping with sluggish consumer spending, and thus are also adjusting their spend on cybersecurity to manage their own flow of cash.

For Wall Street, the big question is now: Is Fortinet simply going through a growth normalization phase after booming financials the last two years, or is management's execution off? The stock price tanking 25% the day following earnings seems to imply bets are on the latter.

Don't get antsy with the sell trigger

The good news is that, as of right now, Fortinet is not altering its 2025 financial targets: $10 billion in annual billings, $8 billion in annual revenue, operating profit margins of at least 25%, and FCF margins of mid- to high-30%.  

In another sign of strength, management also increased its share repurchase authorization by another $500 million, leaving $2 billion available for buybacks (or 4% of the new post-stock-crash market cap). That sounds to me like confidence that management still sees its own stock as a good investment.  

I've owned shares of Fortinet for nearly five years, and have logged a more than 200% return on my initial investment. I'm not selling, but this situation should be monitored. It sounds like this slowdown in billings should be complete by the end of 2023, and I don't see a reason to seriously doubt Fortinet's long-term health.  

After the crash, Fortinet stock trades for 43 times trailing-12-month earnings, or 23 times trailing-12-month free cash flow. If you think profitable growth will continue at a mid-teens percentage clip, this could be an opportunity to nibble.

Nicholas Rossolillo and his clients have positions in Fortinet and Nvidia. The Motley Fool has positions in and recommends Fortinet and Nvidia. The Motley Fool has a disclosure policy.

Fri, 11 Aug 2023 23:21:00 -0500 Nicholas Rossolillo en text/html
Killexams : Fortinet, Inc. (FTNT) Q2 2023 Earnings Call Transcript

Fortinet, Inc. (NASDAQ:FTNT) Q2 2023 Earnings Conference Call August 3, 2023 4:30 PM ET

Company Participants

Peter Salkowski - SVP of Finance & IR

Ken Xie - Founder, Chairman & CEO

Keith Jensen - CFO & Chief Accounting Officer

Conference Call Participants

Gabriela Borges - Goldman Sachs

Tal Liani - Bank of America Merrill Lynch

Brad Zelnick - Deutsche Bank

Eunji Song - Morgan Stanley

Saket Kalia - Barclays

Shaul Eyal - TD Cowen

Joseph Gallo - Jefferies

Andrew Nowinski - Wells Fargo


Good day and thank you for standing by. Welcome to the Fortinet Q2 '23 earnings call. At this time, all participants are in listen-only mode. After the speaker's presentation there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your speaker today, Peter Salkowski, Senior Vice President of Finance.

Peter Salkowski

Thank you, Trace. Good afternoon everyone. This is Peter Salkowski, Senior Vice President of Finance and Investor Relations at Fortinet. I am pleased to welcome everyone to our call to discuss Fortinet's financial results for the second quarter of 2023. Speakers on today's call are, Ken Xie, Fortinet's Founder Chairman and CEO and Keith Jensen, our Chief Financial Officer. The live call that will be available for replay the webcast on the Investor Relations website.

Ken will begin our call today providing a high level perspective of our business. Keith will then review our financial and operating results for the second quarter of 2023 before providing guidance for the third quarter of 2023 and updating the full year. Will then open the call for questions. During the Q&A session, we ask you to please limit yourself to one question and one follow up question to allow others to participate.

Fri, 04 Aug 2023 00:03:00 -0500 en text/html
Killexams : Fortinet’s stock sent to the ‘penalty box,’ while Cloudflare appears to have exited it

Fortinet Inc.’s warning of “macro uncertainties” was weighing on the cybersecurity sector Friday, though at least one industry name managed to buck the trend.

Fortinet’s FTNT, +1.49% shares were on track for their worst one-day performance on record Friday, last down more than 22%, after the company reported that an “unusually large volume of deals” got pushed out of the latest quarter, while executives talked up macroeconomic challenges.

The commentary, which helped push Fortinet’s shares away from recent record highs, had ripple effects across the sector, as Palo Alto Networks Inc.’s shares PANW, +0.47% dropped 10% Friday, while the ETFMG Prime Cyber Security ETF HACK declined 1%. The S&P 500 SPX was up 0.6%.

JPMorgan analyst Brian Essex, who had an overweight rating on Fortinet shares but lowered his price target to $74 from $88, said the company’s report hit “the reset button” with a disappointing outlook and billings performance.

Fortinet’s results were seen as a downbeat signal for Palo Alto Networks.

“Although Fortinet has somewhat different end market exposure, we also view results as a negative read for Palo Alto Networks which reports in a few weeks, particularly with regard to product growth and contract duration,” Essex said. “We expect Fortinet will be in the penalty box and will remain under pressure following the disappointing results and lower near-term growth outlook.”

Stifel analyst Adam Borg, with a buy rating and $72 price target on Fortinet, said the earnings report offered “a negative read-through for the broader cyber group, especially on top of the confusing signal sent by Palo’s unusual Friday post-close earnings/analyst day on 8/18.”

Given the stock’s run-up on the year, “it’s not surprising to see the breather and we think Fortinet will remain in the [near-term] penalty box as investors debate if this is simply digestion or competition/shifting architectures,” Borg said. “We firmly believe Fortinet’s competitive positioning remains quite strong.”

Balancing out the negative, Cloudflare Inc. shares NET, +5.54% rallied as much as 15% Friday after the company reported slightly better-than-expected results and guidance, and Chief Executive Matthew Prince played up the company’s AI inferencing strengths.

Notably, Cloudflare had claimed a similar problem to Fortinet’s, that deals were taking longer to close, in its earnings report back in April.

UBS analyst Roger Boyd, who has a sell rating on Cloudflare’s stock, called the company’s report “decent,” and said it leads to “a mostly unchanged outlook.”

Boyd said that while a second-quarter stabilization “does mitigate some concerns” that the 2023 outlook was still too high, “we don’t think the AI inference narrative was entirely proven out.”

Guggenheim analyst John Di Fucci, who has a neutral rating on Cloudflare shares, said it “seems that Cloudflare was a crowded short” given the stock’s reaction to results. While suspecting new business may have declined, DiFucci said that second-quarter results were better than those for the company’s first quarter, compared with the Street consensus.

“We have always appreciated the vision and product execution of this company, which we believe is at least partially accounted for in the current stock price,” DiFucci said.

Fri, 04 Aug 2023 05:46:00 -0500 en-US text/html
Killexams : Fortinet Named a Leader in the 2023 Zero Trust Edge Solutions Report by Independent Research Firm

SUNNYVALE, Calif., Aug. 16, 2023 (GLOBE NEWSWIRE) --

John Maddison, Chief Marketing Officer and EVP, Product Strategy at Fortinet
“We’re pleased that our zero-trust approach to securing the expanding edges of today’s networks is being recognized by Forrester. We believe that the critical convergence of networking and security must be everywhere and are proud to be one of the only vendors to lead in firewall, SD-WAN, and Zero Trust Edge reports. For us, this recognition validates our continuing commitment to developing one of the leading single-vendor SASE solutions on the market.”

News Summary
Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced that Fortinet has been named a Leader in The Forrester Wave™: Zero Trust Edge Solutions, Q3 2023 report. The 32-criterion evaluation identifies the most significant vendors and evaluates their zero-trust edge (ZTE) solutions. Fortinet tied for the highest score in the strategy category.

Secure Networking with ZTE, Also Known as SASE
Also known as secure access service edge (SASE), a ZTE architecture merges and delivers networking and security functions as a service using a combination of zero-trust network access (ZTNA), secure web gateways, and cloud security gateways.

The Fortinet FortiSASE platform converges cloud-delivered security, including secure web gateway, Universal ZTNA, next-generation dual-mode CASB, Firewall-as-a-Service, and Secure SD-WAN networking. Powered by a single operating system, FortiOS, FortiGuard AI-Powered Intrusion Prevention Security Services, and a unified FortiClient agent, FortiSASE helps Excellerate efficiency and delivers consistent security everywhere. By bringing together all of the components needed to converge networking and security, it protects the hybrid workforce with zero implicit trust and helps organizations reduce complexity and consolidate point products. In the report, Forrester points out that Fortinet “differentiated itself in the market by developing and integrating networking functions such as routing into its remote office firewalls, which eases the rollout of its ZTE solution with a unified management interface.”

The Forrester report also states, “Fortinet balances security and networking with eye-popping value.” The report goes on to state, “One of the most compelling aspects of the Fortinet value proposition is its cost. As with its firewalls, the Fortinet option is priced quite literally an order of magnitude lower than the vendor’s most expensive competitors.” FortiSASE can help organizations securely and seamlessly reduce complexity and maximize their return on investment.

How the Forrester Wave™ Results Are Calculated
The Forrester Wave evaluation is an assessment of the top vendors in the market. For the report, Forrester conducts primary research to develop a list of vendors and narrows the list based on the inclusion criteria. Details of product and strategy are gathered through a questionnaire, demos, briefings, and customer reference surveys and interviews.

The evaluation criteria is based on:

  • The strength of the offering based on remote workforce security capabilities; zero-trust principles; network control, management, monitoring, visibility and observability; and integrations
  • The strength of the vendors’ strategies, including vision, innovation, roadmap, partner ecosystem, pricing flexibility and transparency, and supporting services and offerings
  • The vendors presence in the market based on revenue and installed base

Each of the vendors included in the assessment has:

  • At least $75 million in annual revenue attributed exclusively to ZTE technologies
  • A ZTNA product in addition to a secure web gateway or cloud security gateway as of May 30, 2023
  • At least 30% of revenue must come from outside the vendor’s home region and they must have point of presence in every continent except Antarctica
  • A remote site appliance that provides physical WAN connectivity, link load balancing, or routing capabilities
  • Complete or partial cloud-based administration across the ZTE components

Fortinet FortiSASE
The Fortinet SASE platform provides secure access and high-performance connectivity to users no matter where they are located. By converging networking and security, FortiSASE delivers enterprise-grade security and provides secure remote access to the web, cloud, and applications anywhere. The cloud-delivered solution helps organizations overcome security gaps and integrates with Fortinet FortiManager for visibility and centralized management across on-premises and remote users.

Additional Resources

  • Download the full report: 2023 Forrester Wave™: Zero Trust Edge Solutions
  • Learn more about FortiSASE and Fortinet’s ability to deliver single-vendor SASE.
  • Download the Fortinet 2023 Zero Trust Report or read the blog post for key takeaways.
  • Learn about Fortinet’s free cybersecurity training, which includes broad cyber awareness and product training. As part of the Fortinet Training Advancement Agenda (TAA), the Fortinet Training Institute also provides training and certification through the Network Security Expert (NSE) Certification,Academic Partner, and Education Outreach programs.
  • Learn more about FortiGuard Labs threat intelligence and research and Outbreak Alerts, which provide timely steps to mitigate breaking cybersecurity attacks.
  • Learn more about Fortinet’s FortiGuard Security Services portfolio.
  • Read about how Fortinet customers are securing their organizations.
  • Follow Fortinet on Twitter, LinkedIn, Facebook, and Instagram. Subscribe to Fortinet on our blog or YouTube.

About Fortinet
Fortinet (NASDAQ: FTNT) is a driving force in the evolution of cybersecurity and the convergence of networking and security. Our mission is to secure people, devices, and data everywhere, and today we deliver cybersecurity everywhere you need it with the largest integrated portfolio of over 50 enterprise-grade products. Well over half a million customers trust Fortinet's solutions, which are among the most deployed, most patented, and most validated in the industry. The Fortinet Training Institute, one of the largest and broadest training programs in the industry, is dedicated to making cybersecurity training and new career opportunities available to everyone. FortiGuard Labs, Fortinet’s elite threat intelligence and research organization, develops and utilizes leading-edge machine learning and AI technologies to provide customers with timely and consistently top-rated protection and actionable threat intelligence. Learn more at, the Fortinet Blog, and FortiGuard Labs.


Copyright © 2023 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and common law trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet’s trademarks include, but are not limited to, the following: Fortinet, the Fortinet logo, FortiGate, FortiOS, FortiGuard, FortiCare, FortiAnalyzer, FortiManager, FortiASIC, FortiClient, FortiCloud, FortiMail, FortiSandbox, FortiADC, FortiAI, FortiAIOps, FortiAntenna, FortiAP, FortiAPCam, FortiAuthenticator, FortiCache, FortiCall, FortiCam, FortiCamera, FortiCarrier, FortiCASB, FortiCentral, FortiConnect, FortiController, FortiConverter, FortiCWP, FortiDB, FortiDDoS, FortiDeceptor, FortiDeploy, FortiDevSec, FortiEdge, FortiEDR, FortiExplorer, FortiExtender, FortiFirewall, FortiFone, FortiGSLB, FortiHypervisor, FortiInsight, FortiIsolator, FortiLAN, FortiLink, FortiMoM, FortiMonitor, FortiNAC, FortiNDR, FortiPenTest, FortiPhish, FortiPlanner, FortiPolicy, FortiPortal, FortiPresence, FortiProxy, FortiRecon, FortiRecorder, FortiSASE, FortiSDNConnector, FortiSIEM, FortiSMS, FortiSOAR, FortiSwitch, FortiTester, FortiToken, FortiTrust, FortiVoice, FortiWAN, FortiWeb, FortiWiFi, FortiWLC, FortiWLM and FortiXDR. Other trademarks belong to their respective owners. Fortinet has not independently Verified statements or certifications herein attributed to third parties and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, contract, binding specification or other binding commitment by Fortinet or any indication of intent related to a binding commitment, and performance and other specification information herein may be unique to certain environments.

Media Contact: Investor Contact: Analyst Contact:
Susan Daffron
Fortinet, Inc.
Peter Salkowski
Fortinet, Inc.
Brian Greenberg
Fortinet, Inc.

Wed, 16 Aug 2023 03:12:00 -0500 en text/html
Killexams : Fortinet Named a Challenger in the 2023 Gartner® Magic Quadrant™ for Single-Vendor SASE No result found, try new keyword!Additional Third-Party Recognition of FortiSASE Fortinet was also recently named a Leader in the Forrester Wave™: Zero Trust Edge Solutions, Q3 2023 report. Zero Trust Edge is also known as SASE, and ... Mon, 21 Aug 2023 04:21:00 -0500 en-US text/html Killexams : Fortinet leads cybersecurity stocks sharply lower after warning of deal delays

Fortinet Inc. saw an “unusually large volume of deals” pushed out beyond the June quarter, its chief financial officer said Thursday, and that commentary was weighing on the broader cybersecurity sector.

Chief Financial Officer Keith Jensen said on the company’s earnings call that “macro uncertainty impacted our billings performance” in the form of shorter contract durations, while Fortinet FTNT, +1.49% also observed an “elevated level of enterprise deals” that were pushed out into future quarters.

While Fortinet’s adjusted earnings per share of 38 cents topped the 34-cent FactSet consensus and its $1.29 billion in revenue essentially matched the consensus view, the company came up shy on billings in the second quarter. That metric came in at $1.54 billion, while analysts had been modeling $1.59 billion.

Fortinet also whiffed on its outlook, calling for $1.315 billion to $1.375 billion in third-quarter revenue along with $1.560 billion to $1.620 billion in billings, a measure meant to capture both current and future revenue. Analysts were modeling $1.382 billion in revenue and $1.678 billion in billings.

Shares of the company fell nearly 16% in after-hours trading Thursday, while peer names logged steep drops as well. Palo Alto Networks Inc. shares PANW, +0.47% were off more than 6%, while CrowdStrike Holdings Inc. CRWD, +0.97% and Zscaler Inc. ZS, +2.52% shares each declined more than 2%.

Jensen said that cybersecurity continues to be a priority for corporate IT departments, though he also expects “a return to more normal seasonality for Fortinet in the back half of the year” as the company laps price increases from the prior period and sees some other former tailwinds wane.

“While it’s a little early to be providing guidance for next year, we would expect our near-term performance to represent a short-term trough given our confidence in our solutions, our offerings and taking into account that growth comparisons will ease as we move through 2024,” he added, according to a transcript provided by AlphaSense/Sentieo. “At this early stage, we would expect billings growth to approach high teens by the fourth quarter of 2024.”

Thu, 03 Aug 2023 14:31:00 -0500 en-US text/html
Killexams : Fortinet's Stock Crashed -- Is This Leading Cybersecurity Provider Done For? No result found, try new keyword!Fortinet's (NASDAQ: FTNT) magnificent 2023 rally that sent shares to new all-time highs is over -- at least for now. Following second-quarter 2023 financial updates, the market was mighty ... Fri, 11 Aug 2023 23:21:00 -0500 text/html
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