Fortinet (FTNT) Tops Q1 EPS by 3c
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Fortinet Reports First Quarter 2016 Financial Results
April 26, 2016 4:15 PM EDTSUNNYVALE, CA -- (Marketwired) -- 04/26/16 --
Billings of $330.5 million, up 30%Â year over year1 Revenue of $284.6 million, up 34% year over year Non-GAAP diluted net income per share of $0.121 Cash flow from operations of $100.6 million Free cash flow of $70.6 million1 Cash, cash equivalents and investments of $1.19 billion... MoreFortinet Reaches Innovation Milestone of More Than 300 Issued Patents
April 26, 2016 9:04 AM EDTSUNNYVALE, CA -- (Marketwired) -- 04/26/16 --
Michael Xie, founder, president and chief technology officer, Fortinet
"When we founded the company 16 years ago, we foresaw the move to IoT, BYOD, and the cloud. Our strong foundation of innovation and unprecedented patent portfolio has enabled us to stay ahead of the ever-evolving threatscape. We were the first to identify the internal segmentation trend two years ago, which is now gaining significant momentum in the market. Our Security Fabric uniquely positions us to address the security challenges faced by enterprise customers today. We will... More
