Fortinet, Inc. (FTNT) Tops Q4 EPS by 3c, Offers Q1 and FY Guidance

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Go back to Fortinet, Inc. (FTNT) Tops Q4 EPS by 3c, Offers Q1 and FY Guidance

Fortinet Reports Fourth Quarter and Full Year 2017 Financial Results

February 5, 2018 4:15 PM EST

Fourth Quarter 2017 Highlights

Revenue of $416.7 million, up 15% year over yearBillings of $534.0 million, up 15% year over year1Deferred revenue of $1.34 billion, up 29% year over yearGAAP diluted net loss per share of $0.17, including the impact of a one-time tax expense of $63.0 million, or $0.36 per share, related to new tax legislationNon-GAAP diluted net income per share of $0.321Cash flow from operations of $157.5 millionFree cash flow of $143.9 million1Cash, cash equivalents and investments of $1.35 billion$322.4 million in... More