Fortinet (FTNT) Tops Q2 EPS by 5c; Raises Outlook
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/15/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- SanDisk upgraded at JPMorgan after investor day; shares climb
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
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