Fortinet (FTNT) Tops Q2 EPS by 5c; Raises Outlook
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Nasdaq futures drop over 2% as AI buildout costs, Fed rate outlook weigh
- Nasdaq 100 set to shed over $1 trillion as tech selloff deepens; SpaceX slides
- Oil prices fall as investors focus on Hormuz flows after peace talks
- SpaceX slides, tech stocks dip — what’s moving markets
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Fortinet Reports Second Quarter 2018 Financial Results
August 1, 2018 4:15 PM EDTRecent Highlights
Revenue of $441.3 million, up 21% year over year Product revenue of $166.3 million, up 17% year over year Service revenue of $275.0 million, up 25% year over yearBillings of $513.4 million, up 20% year over year1Deferred revenue of $1.47 billion, up 27% year over yearGAAP diluted net income per share of $0.28Non-GAAP diluted net income per share of $0.411Cash flow from operations of $142.2 millionFree cash flow of $130.6 million1Cash, cash equivalents and investments of $1.5 billionIn July 2018, the Board increased share repurchase... More