Better Cybersecurity Stock: Fortinet vs. Cloudflare
Fortinet (NASDAQ: FTNT) and Cloudflare (NYSE: NET) represent two different ways to invest in the cybersecurity market. Fortinet's next-gen firewall upgrades traditional firewalls with network filtering tools, and it provides other end-to-end protection services through on-site appliances, software, and cloud-based services. Cloudflare is a content delivery network (CDN) provider that accelerates the delivery of digital content on websites and shields them from bot-based attacks.
Fortinet is growing slower than Cloudflare, but it's consistently profitable by both generally accepted accounting principles (GAAP) and non-GAAP measures. Cloudflare is only profitable on a non-GAAP basis.
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Source Fool.com
