Fortinet (FTNT) Tops Q3 EPS by 5c

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Go back to Fortinet (FTNT) Tops Q3 EPS by 5c

Fortinet Reports Third Quarter 2021 Financial Results

November 4, 2021 4:05 PM EDT

Third Quarter 2021 Highlights

Total revenue of $867.2 million, up 33% year over yearProduct revenue of $337.1 million, up 51% year over yearService revenue of $530.1 million, up 24% year over yearBillings of $1.06 billion, up 42% year over year1Deferred revenue of $3.11 billion, up 30% year over yearGAAP operating margin of 19.2%Non-GAAP operating margin of 25.8%1GAAP diluted net income per share attributable to Fortinet, Inc. common stockholders of $0.97Non-GAAP diluted net income per share attributable to Fortinet, Inc. common stockholders of... More