May. 6 at 8:08 PM
$FTNT
🚨🚨🚨🚨🚨
Revenue grew 20% year over year to
$1.85 billion
- Product revenue grew 41% year over year to
$645 million
- Billings grew 31% year over year to
$2.09 billion
- GAAP earnings per share grew 29% year over year to
$0.72
- Non-GAAP earnings per share grew 41% year over year to
$0.82
- GAAP operating margin of 31%
- Non-GAAP operating margin of 36%
“We are very pleased with our excellent first quarter results, exceeding the high end of our guidance through strong execution and broad-based demand across our portfolio and geographies,” said Ken Xie, Founder, Chairman and Chief Executive Officer of Fortinet.
