Fortinet (FTNT) Tops Q2 EPS by 2c, Offers Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
Fortinet Reports Second Quarter 2022 Financial Results
August 3, 2022 4:05 PM EDTSecond Quarter 2022 Highlights
Product revenue of $400.7 million, up 34% year over yearTotal revenue of $1.03 billion, up 29% year over yearBookings of $1.38 billion, up 42% year over year1Billings of $1.30 billion, up 36% year over year2Deferred revenue of $3.93 billion, up 35% year over yearGAAP operating margin of 19.0%Non-GAAP operating margin of 24.8%2GAAP diluted net income per share attributable to Fortinet, Inc. of $0.213Non-GAAP diluted net income per share attributable to Fortinet, Inc. of... More