Edition:
United Kingdom

Fortinet Inc (FTNT.OQ)

FTNT.OQ on NASDAQ Stock Exchange Global Select Market

43.08USD
2:39pm GMT
Change (% chg)

$0.37 (+0.87%)
Prev Close
$42.71
Open
$42.84
Day's High
$43.08
Day's Low
$42.84
Volume
205,078
Avg. Vol
466,299
52-wk High
$43.08
52-wk Low
$28.51

Latest Key Developments (Source: Significant Developments)

Fortinet reports Q3 non-GAAP EPS $0.28
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Fortinet Inc :Fortinet reports third quarter 2017 financial results.Q3 non-GAAP earnings per share $0.28.Q3 GAAP earnings per share $0.15.Q3 revenue $374.2 million versus I/B/E/S view $370.7 million.Sees Q4 2017 revenue $404 million to $412 million.Q3 earnings per share view $0.23 -- Thomson Reuters I/B/E/S.Fortinet Inc - sees Q4 ‍non-GAAP gross margin of 75% to 76%​.Fortinet Inc - sees Q4 ‍non-GAAP operating margin in range of 18% to 19%​.Fortinet Inc - sees ‍Q4 diluted non-GAAP earnings per share of $0.28 to $0.30​.Fortinet Inc - sees ‍FY 2017 revenue in range of $1.482 billion to $1.490 billion​.Fortinet Inc - sees FY 2017 ‍non-GAAP gross margin of 75%​.Fortinet Inc - sees FY 2017 ‍billings in range of $1.772 billion to $1.787 billion​.Fortinet Inc - sees FY 2017 ‍non-GAAP operating margin of 17%​.Fortinet Inc - sees FY 2017 ‍diluted non-GAAP earnings per share of $1.00 to $1.02​.Fortinet Inc - sees ‍Q4 billings in range of $510.0 million to $525.0 million​.Q4 earnings per share view $0.28, revenue view $417.0 million -- Thomson Reuters I/B/E/S.Fy2017 earnings per share view $0.95, revenue view $1.49 billion -- Thomson Reuters I/B/E/S.  Full Article

Fortinet Inc sees Q3 2016 Non-GAAP EPS $0.15 to $0.16
Tuesday, 11 Oct 2016 

Fortinet Inc : Fortinet announces preliminary third quarter 2016 financial results . Sees Q3 2016 revenue $311 million to $316 million . Sees Q3 2016 Non-GAAP earnings per share $0.15 to $0.16 . Expects Q3 total billings to be in range of $343 million to $348 million compared to previously announced guidance of $372 million to $376 million . Says board of directors has also authorized a $100 million increase to its existing share repurchase program .Q3 earnings per share view $0.18, revenue view $322.4 million -- Thomson Reuters I/B/E/S.  Full Article

Fortinet qtrly GAAP earnings per share $0.01
Thursday, 28 Jul 2016 

Fortinet Inc : Fortinet reports q2 2016 financial results . Qtrly gaap earnings per share $0.01 . Qtrly non-GAAP earnings per share $0.14 . Qtrly revenue of $311.4 million, up 30% year over year . Q2 earnings per share view $0.14, revenue view $304.8 million -- Thomson Reuters I/B/E/S .Qtrly billings of $373.8 million, up 26% year over year.  Full Article

Fortinet announces acquisition of Accelops
Tuesday, 7 Jun 2016 

Fortinet Inc : Fortinet announces acquisition of accelops .Does not expect transaction to have a material impact on company's q2 or full year 2016 financial guidance.  Full Article

Fortinet paid about $28 mln in cash in connection with acquisition of Accelops - SEC filing
Tuesday, 7 Jun 2016 

Fortinet Inc : Paid approximately $28 million in cash in connection with acquisition of Accelops, inc .To pay up to an additional $4 million in cash consideration, subject to future performance - sec filing.  Full Article

Fortinet announces new $200 million share repurchase program
Thursday, 28 Jan 2016 

Fortinet Inc:Board of Directors has authorized a new share repurchase program of up to $200 million through December 31, 2017.  Full Article

Strong cyber security demand helps Palo Alto top estimates

Palo Alto Networks Inc on Monday reported better-than-expected quarterly revenue and profit, as it benefited from robust demand for its cloud-based security services, sending its shares up more than 6 percent in extended trading.