Fortinet (FTNT) Tops Q1 EPS by 3c
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April 26, 2016 4:15 PM EDT
SUNNYVALE, CA -- (Marketwired) -- 04/26/16 --
Billings of $330.5 million, up 30%Â year over year1
Revenue of $284.6 million, up 34% year over year
Non-GAAP diluted net income per share of $0.121
Cash flow from operations of $100.6 million
Free cash flow of $70.6 million1
Cash, cash equivalents and investments of $1.19 billion...
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April 26, 2016 9:04 AM EDT
SUNNYVALE, CA -- (Marketwired) -- 04/26/16 --
Michael Xie, founder, president and chief technology officer, Fortinet
"When we founded the company 16 years ago, we foresaw the move to IoT, BYOD, and the cloud. Our strong foundation of innovation and unprecedented patent portfolio has enabled us to stay ahead of the ever-evolving threatscape. We were the first to identify the internal segmentation trend two years ago, which is now gaining significant momentum in the market. Our Security Fabric uniquely positions us to address the security challenges faced by enterprise customers today. We will... More
