Fortinet (FTNT) Tops Q3 EPS by 7c

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Go back to Fortinet (FTNT) Tops Q3 EPS by 7c

Fortinet Reports Third Quarter 2018 Financial Results

November 1, 2018 4:15 PM EDT

Security Fabric Platform Drives Strong Year-Over-Year Growth in Third Quarter 2018 Billings, Revenue and Operating Margin

Third Quarter 2018 Financial Highlights

     Revenue of $453.9 million, up 21% year over year      Product revenue of $164.5 million, up 20% year over year      Billings of $527.5 million, up 22% year over year1      Deferred revenue of $1.54 billion, up 27% year over year      GAAP operating margin of 14%      Non-GAAP operating margin of 24%1      Cash flow from operations of $176.7 million      Free cash flow of $158.5 million1

SUNNYVALE, Calif., Nov. 01, 2018 (GLOBE NEWSWIRE) --... More