Fortinet (FTNT) Tops Q1 EPS by 9c; Guides Above
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
Fortinet Reports First Quarter 2018 Financial Results
May 3, 2018 4:15 PM EDTFirst Quarter 2018 Highlights
Revenue of $399.0 million, up 17% year over yearBillings of $463.2 million, up 15% year over year1Deferred revenue of $1.40 billion, up 27% year over yearGAAP diluted net income per share of $0.24Non-GAAP diluted net income per share of $0.331Cash flow from operations of $139.7 million Free cash flow of $128.1 million1Cash, cash equivalents and investments of $1.39 billion $115.5 million in share repurchasesSUNNYVALE, Calif., May 03, 2018 (GLOBE NEWSWIRE) -- Fortinet® (NASDAQ:... More
