Fortinet (FTNT) Tops Q4 EPS by 7c, Offers Q1 and FY Guidance

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Go back to Fortinet (FTNT) Tops Q4 EPS by 7c, Offers Q1 and FY Guidance

Fortinet Reports Fourth Quarter and Full Year 2018 Financial Results

February 6, 2019 4:15 PM EST

Fourth Quarter 2018 Highlights

Revenue of $507.0 million, up 22% year over yearBillings of $649.2 million, up 22% year over year1GAAP operating margin of 17%Non-GAAP operating margin of 26%1GAAP diluted net income per share of $1.04Non-GAAP diluted net income per share of $0.591Cash flow from operations of $180.2 millionFree cash flow of $168.6 million1$92.0 million in share repurchases

Full Year 2018 Highlights

Revenue of $1.80 billion, up 20% year over yearBillings of... More