ForeScout Technologies, Inc. (FSCT) Tops Q1 EPS by 85c

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Forescout Technologies Reports First Quarter 2019 Financial Results

May 9, 2019 4:05 PM EDT

Total Revenue grows 27% year-over-year; License Revenue grows 27% year-over-year; Subscription Revenue grows 28% year-over-yearGAAP gross margin and Non-GAAP gross margin improve 300 bps year-over-year, respectivelyGenerated positive operating cash flow of $6.4 million and free cash flow of $4.9 million

SAN JOSE, Calif., May 09, 2019 (GLOBE NEWSWIRE) -- Forescout Technologies, Inc. (NASDAQ: FSCT), the leader in device visibility and control, today announced results for its first quarter ended March 31, 2019.

We had a strong start to the year and are... More