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

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/21/2026

1. SPCX
2. NVDA
3. NFLX
4. ISRG
5. META
6. TSLA
7. RTX
8. SMCI
9. GOOGL
10. S

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

Fortinet Reports First Quarter 2021 Financial Results

April 29, 2021 4:05 PM EDT

First Quarter 2021 Highlights

Total revenue of $710.3 million, up 23% year over yearProduct revenue of $240.7 million, up 25% year over yearService revenue of $469.6 million, up 22% year over yearBillings of $850.6 million, up 27% year over year1Deferred revenue of $2.75 billion, up 25% year over yearGAAP operating margin of 17.1%, down 310 basis points year over yearNon-GAAP operating margin of 24.5%, up 210 basis points year over year1GAAP diluted net income per share of $0.64Non-GAAP diluted net income per share of... More