Fortinet (FTNT) Tops Q1 EPS by 15c, Offers Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- S&P 500 notches record-high close as rate-hike worries ease
- Oil settles down 2% on weak demand outlook, hefty US crude build
- BofA lifts server CPU TAM to $210bn+ on the rise of AI agents
- Burry doubles down on Nebius short after stock surges 34% on earnings
- JPMorgan gets bullish on Salesforce, says concerns are "overblown"
Fortinet Reports First Quarter 2022 Financial Results
May 4, 2022 4:05 PM EDTFirst Quarter 2022 Highlights
Product revenue of $371.0 million, up 54% year over yearTotal revenue of $954.8 million, up 34% year over yearBookings of $1.28 billion, up 50% year over year1Billings of $1.16 billion, up 36% year over year2Deferred revenue of $3.66 billion, up 33% year over yearGAAP operating margin of 15.8%Non-GAAP operating margin of 22.0%2GAAP diluted net income per share attributable to Fortinet, Inc. of $0.84Non-GAAP diluted net income per share attributable to Fortinet, Inc. of $0.942Cash flow from... More