Fortinet (FTNT) Tops Q4 EPS by 6c, Offers Guidance

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Go back to Fortinet (FTNT) Tops Q4 EPS by 6c, Offers Guidance

Fortinet Reports Fourth Quarter and Full Year 2019 Financial Results

February 6, 2020 4:05 PM EST

Fourth Quarter 2019 Highlights

Total revenue of $614.4 million, up 21% year over yearProduct revenue of $238.8 million, up 19% year over yearBillings of $802.3 million, up 24% year over year1GAAP operating margin of 19%, up 250 basis points year over yearNon-GAAP operating margin of 27%, up 110 basis points year over year1GAAP diluted net income per share of $0.66Non-GAAP diluted net income per share of... More