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Fortinet’s Product Segment Maintains Stable Growth

Fortinet’s Product Segment Maintains Stable Growth

Fortinet’s (FTNT) Product segment, which contributes around 40% of the company’s total revenue, maintained stable business growth in the last five quarters. The growth in product revenues was mainly triggered by higher sales in high-end and mid-range product groups for large enterprise customers. The company’s high-end product categories continue to dominate the overall products for Fortinet.