Fortinet (FTNT) Offers Q1 & FY Guidance
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Fortinet Reports Fourth Quarter and Full Year 2016 Financial Results
February 2, 2017 4:15 PM ESTRevenue and Billings Up 22% in Fourth Quarter
Company Improves Profitability on GAAP and non-GAAP Basis
Fourth Quarter 2016 Highlights
Revenue of $362.8 million, up 22% year over yearBillings of $463.4 million, up 22% year over year1GAAP diluted net income per share $0.14Non-GAAP diluted net income per share grew 67% year over year to $0.301Cash flow from operations of $101.0 million Free cash flow of $84.2 million1Cash, cash equivalents and investments of $1.31 billion2Deferred... More