Fortinet annuncia i risultati finanziari del secondo trimestre 2016

Entrate e fatturato superano le previsioni ed evidenziano la qualità del Security Fabric

• Entrate di $311,4 milioni, in aumento del 30% anno su anno1

• Fatturato di $373,8 milioni, in crescita del 26% anno su anno

• Reddito netto non-GAAP diluito per azione di $0,141

• Flusso di cassa derivante dalle attività pari a $67,9 milioni

• Flusso di cassa libero di $53,5 milioni1

• Contanti, liquidi e investimenti pari a $1,22 miliardi

• Reddito differito di $904 milioni, in crescita del 37% anno su anno

Milano, 1 agosto 2016 – Fortinet® (NASDAQ: FTNT), azienda leader nella fornitura di soluzioni per la sicurezza di rete ad alte prestazioni, annuncia i risultati finanziari per il secondo trimestre 2016, chiusosi il 30 giugno scorso

“Siamo soddisfatti di aver registrato entrate e fatturato superiori ai nostri obiettivi di spesa e profittabilità, a fronte di un continuo investimento sulla crescita”, dichiara Ken Xie, fondatore, presidente del consiglio di amministrazione e chief executive officer. “Il panorama delle minacce e le architetture di rete stanno evolvendo, passando di fatto a piattaforme end-to-end integrate, seguendo la vision su cui Fortinet è nata. La nostra solida capacità di innovare e di fornire un Security Fabric unico, fortemente integrato e intelligente, in grado di proteggere tutti i punti di una rete – dalla IoT al cloud – ci offre un posizionamento ottimale per incrementare ulteriormente crescita e quote di mercato nel corso del 2016 e oltre.”

Financial Highlights for the Second Quarter of 2016

• Revenue: Total revenue was $311.4 million for the second quarter of 2016, an increase of 30% compared to $239.8 million in the same quarter of 2015. Within total revenue, product revenue was $136.6 million, an increase of 19% compared to $114.8 million in the same quarter of 2015. Service revenue was $174.8 million, an increase of 40% compared to $125.0 million in the same quarter of 2015.

• Billings1: Total billings were $373.8 million for the second quarter of 2016, an increase of 26% compared to $297.2 million in the same quarter of 2015.

• Deferred Revenue: Total deferred revenue was $904.0 million as of June 30, 2016, an increase of $66.8 million compared to $837.2 million as of March 31, 2016.

• Cash and Cash Flow: As of June 30, 2016, cash, cash equivalents and investments were $1.22 billion, compared to $1.19 billion as of March 31, 2016. In the second quarter of 2016, cash flow from operations was $67.9 million compared to $84.3 million in the same quarter of 2015. Free cash flow1 was $53.5 million during the second quarter of 2016 compared to $73.5 million in the same quarter of 2015.

• GAAP Operating Income or Loss: GAAP operating loss was $4.0 million for the second quarter of 2016, representing a GAAP operating margin of -1%. GAAP operating income was $3.0 million for the same quarter of 2015, representing a GAAP operating margin of 1%. 

• Non-GAAP Operating Income1: Non-GAAP operating income was $36.0 million for the second quarter of 2016, representing a non-GAAP operating margin of 12%. Non-GAAP operating income was $29.3 million for the same quarter of 2015, representing a non-GAAP operating margin of 12%. 

• GAAP Net Income or Loss and Diluted Net Income or Loss Per Share: GAAP net loss was $1.4 million for the second quarter of 2016, compared to GAAP net income of $0.8 million for the same quarter of 2015. GAAP diluted net loss per share was $0.01 for the second quarter of 2016. GAAP diluted net income per share was break-even for the second quarter of 2015.

• Non-GAAP Net Income and Diluted Net Income Per Share1: Non-GAAP net income was $24.0 million for the second quarter of 2016, compared to non-GAAP net income of $19.4 million for the same quarter of 2015.  Non-GAAP diluted net income per share was $0.14 for the second quarter of 2016, compared to $0.11 for the same quarter of 2015.

  1 A reconciliation of GAAP to non-GAAP financial measures has been provided in the financial statement tables included in this press release. An explanation of these measures is also included below under the heading “Non-GAAP Financial Measures.”

   

   

  Fortinet

  Fortinet (NASDAQ: FTNT) protegge le maggiori aziende, service provider ed organizzazioni governative di tutto il mondo. Fortinet mette a disposizione dei suoi clienti una protezione avanzata e continua rispetto a superfici d’attacco sempre più vaste, oltre alla potenza necessaria per soddisfare i requisiti prestazionali in continuo aumento generati da una rete borderless – oggi e per il futuro. Solo l’architettura Security Fabric di Fortinet può offrire sicurezza senza compromessi per rispondere alle più delicate sfide di security, in ambienti di rete, applicativi, cloud o mobile. Oltre 280.000 clienti a livello mondiale si affidano a Fortinet per proteggere il loro brand. Ulteriori informazioni sono disponibili su www.fortinet.com, sul Fortinet Blog o sui FortiGuard Labs.

  Per informazioni:

  - Sandro Buti – AxiCom Italia - Tel 02 75261111 – email: sandro.buti@axicom.com

  - Massimiliano Balbi – AxiCom Italia - Tel 02 75261111 – email: massimiliano.balbi@axicom.com

- Silvia Gaspari – Fortinet – email: sgaspari@fortinet.com