Fortinet beats by $0.01, beats on revs
Reports Q4 (Dec) earnings of $0.15 per share, $0.01 better than the Capital IQ Consensus Estimate of $0.14; revenues rose 17.3% year/year to $177.4 mln vs the $166 mln consensus.
Highlights for the qtr:
Billings of $209.8 million, up 20% year over year
Cash flow from operations of $46.7 million
Free cash flow of $39.5 million
Cash, cash equivalents and investments of $843.0 mln with no debt