Fortinet Outpaces Wall Street Estimates Brings In 867 Million Revenue For Q3
Fortinet delivered third quarter revenue of $867.2 million, up 33% from a year ago. For the third quarter, Fortinet’s non-GAAP earnings of $0.99 a share were above expectations. Wall Street was expecting Fortinet to report third quarter earnings of $0.94 a share on revenue of $809.9 million. Fortinet CEO Ken Xie said the company was pleased with its Q3 because they exceeded $1 billion in quarterly billings for the first time in their history....