Fortinet (FTNT) Tops Q1 EPS by 7c, Offers Q2 and FY Guidance

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Go back to Fortinet (FTNT) Tops Q1 EPS by 7c, Offers Q2 and FY Guidance

Fortinet Reports First Quarter 2019 Financial Results

May 2, 2019 4:18 PM EDT

First Quarter 2019 Highlights

Revenue of $472.6 million, up 18% year over yearBillings of $551.6 million, up 19% year over year1Deferred revenue of $1.77 billion, up 26% year over yearGAAP operating margin of 11%Non-GAAP operating margin of 20%1GAAP diluted net income per share of $0.34Non-GAAP diluted net income per share of $0.461Cash flow from operations of $201.3 millionFree cash flow of $191.1 million1

SUNNYVALE, Calif., May 02, 2019 (GLOBE NEWSWIRE) -- Fortinet® (Nasdaq: FTNT), a global... More