FTNT Q1 2017 Earnings — Fortinet, Inc. Revenue & Financial Results | Market Cap Arena

FTNTFortinet, Inc.

$62B

Q1 2017 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$341M+19.7% YoY

Gross Profit

$250M73.4% margin

Operating Income

$5M1.6% margin

Net Income

$11M3.1% margin

EPS (Diluted)

$0.01

QoQ Revenue Growth

-6.1%

Cash Flow

Operating Cash Flow

$130M

Free Cash Flow

$116M

Stock-Based Comp.

$33M

Balance Sheet

Total Assets

$2.3B

Total Liabilities

$1.4B

Stockholders' Equity

$898M

Cash & Equivalents

$823M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$341M	$285M	+19.7%
Gross Profit	$250M	$207M	+20.8%
Operating Income	$5M	-$4M	+246.3%
Net Income	$11M	$2M	+405.2%

Geographic Segments

Americas

$146M43%

Europe, Middle East and Africa

$126M37%

Asia Pacific and Japan

$68M20%