Fortinet (FTNT) Tops Q2 EPS by 4c, Revenues Misses

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. COF
6. SMCI
7. GOOGL
8. RTX
9. TSLA
10. UAL

Go back to Fortinet (FTNT) Tops Q2 EPS by 4c, Revenues Misses

Fortinet Reports Second Quarter 2023 Financial Results

August 3, 2023 4:05 PM EDT

Second Quarter 2023 Highlights

Product revenue of $472.6 million, up 18% year over yearService revenue of $820.2 million, up 30% year over yearTotal revenue of $1.29 billion, up 26% year over yearBillings of $1.54 billion, up 18% year over year1Deferred revenue of $5.13 billion, up 30% year over yearGAAP operating income of $279.0 million, up 43% year over yearNon-GAAP operating income of $348.1 million, up 36% year over year1GAAP operating margin of 21.6%Non-GAAP operating margin of 26.9%1GAAP... More