Fourth Quarter 2021 Highlights Total revenue of $963.6 million, up 29% year over yearProduct revenue of $378.9 million, up 31% year over yearService revenue of $584.7 million, up 27% year over yearBillings
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
Fortinet, Inc : Fortinet Reports Second Quarter 2021 Financial Results finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
First Quarter 2021 Highlights
Product revenue of $240.7 million, up 25% year over year
Service revenue of $469.6 million, up 22% year over year
Billings of $850.6 million, up 27% year over year
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GAAP operating margin of 17.1%, down 310 basis points year over year
Non-GAAP operating margin of 24.5%, up 210 basis points year over year
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Non-GAAP diluted net income per share of $0.81
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Free cash flow of $263.8 million
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SUNNYVALE, Calif., April 29, 2021 (GLOBE NEWSWIRE) Fortinet® (Nasdaq: FTNT), a global leader in broad, integrated and automated cybersecurity solutions, today announced financial results for the first quarter ended March 31, 2021.
“We delivered strong revenue and billings growth in the first quarter while investing to increase market share across our existing businesses and drive growth in newer product areas such as 5G, SASE, and SD-WAN,” said Ken Xie, Founder, Chairman, and Chief Executive Officer. “Fortinet’s platform of on-premise and clou
Fortinet, Inc.: Fortinet Reports First Quarter 2021 Financial Results
Product revenue of $240.7 million, up 25% year over year
Service revenue of $469.6 million, up 22% year over year
Billings of $850.6 million, up 27% year over year
1
GAAP operating margin of 17.1%, down 310 basis points year over year
Non-GAAP operating margin of 24.5%, up 210 basis points year over year
1
Non-GAAP diluted net income per share of $0.81
1
Free cash flow of $263.8 million
1
SUNNYVALE, Calif., April 29, 2021 (GLOBE NEWSWIRE) Fortinet (Nasdaq: FTNT), a global leader in broad, integrated and automated cybersecurity solutions, today announced financial results for the first quarter ended March 31, 2021. We delivered strong revenue and billings growth in the first quarter while investing to increase market share across our existing businesses and drive growth in newer product areas such as 5G, SASE, and SD-WAN, said Ken Xie, Founder, Chairman, and Chief Executive Officer. Fortinet s plat