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Forter is actively expanding its workforce to support its rapid growth in fraud management solutions. The company is strategically hiring in key areas such as technology, customer success, and fraud analytics to bolster its operational capabilities. This expansion reflects a commitment to innovation and enhanced service delivery in a competitive market. Recent hiring trends show that Forter has added roles like Director of Customer Success Enablement and Manager of Fraud Analytics, indicating a focus on strengthening its customer service and analytical capabilities. In addition, there are 50 open GTM roles and 48 open EPD positions primarily based in the U.S. This broad recruitment strategy is aimed at scaling both its go-to-market and product development functions. The hiring strategy is designed to drive growth by: - Enhancing customer support structures - Improving product development and deployment - Expanding market reach through robust sales operations This approach is central to maintaining its competitive edge and supporting its long-term strategic objectives.
Forter reported Q3 2023 revenues of $776.4 million, marking a slight year-over-year increase despite a GAAP net loss and reduced adjusted EBITDA. The earnings call emphasized strategic investments in operational transformation while highlighting both financial strengths and challenges.
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