Fortinet profit, revenues lift in Q2

Thursday 27 July 2017 | 09:12 CET | News
Cybersecurity specialist Fortinet said revenues for its second quarter advanced 17 percent from the year before to USD 363.5 million, while the net profit jumped to USD 23.0 million from a loss of 1.4 million. Sales were driven by Service revenue, which rose 26 percent to USD 220.8 million. Product revenue increased 4 percent to USD 142.7 million.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Internet
Companies: Fortinet
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Fortinet revenues, profit surge ahead in Q3

Published 27 Oct 2017 11:25 CET | World
Cybersecurity specialist Fortinet said revenues for its third quarter lifted 18 percent from the year before to USD 374.2 ...

Omzet en winst Fortinet stijgen in Q2

Published 27 Jul 2017 11:16 CET | World
De omzet uit diensten steeg met 26 procent naar 220,8 miljoen dollar en de omzet uit producten nam met 4 procent toe naar 142,7 ...

Fortinet launches Global Threat Intelligence Service

Published 25 Jul 2017 06:48 CET | World
Fortinet has announced FortiGuard Threat Intelligence Service (TIS), a cloud-based threat intelligence platform that enables ...

City of Mumbai chooses Fortinet for Wi-Fi project

Published 04 Jul 2017 10:36 CET | India
Fortinet won a deal from the Maharashtra Information Technology (MITC) to provide wireless internet access to the citizens of ...

Microsoft joins Fortinet's 'Fabric-ready partner program'

Published 27 Jun 2017 07:01 CET | World
Fortinet announced an expanded technology alliance with Microsoft through its 'Fabric-ready partner program' and new integrations ...

Sewan teams up with Fortinet to offer Cloud Firewall service

Published 20 Jun 2017 12:02 CET | France
French networking, cloud and telecom service provider Sewan Communications announced the launch of a new cloud-based service ...

Hub One partners with Fortinet for LAN security service

Published 20 Jun 2017 09:56 CET | France
French business ICT company Hub One has teamed up with network security provider Fortinet to develop a LAN security service aimed ...

Radius launches managed security service with Fortinet

Published 18 May 2017 11:38 CET | Philippines
Philippines-based Radius Telecoms, in partnership with network security provider Fortinet. Has launched a secured managed ...

Fortinet Q1 revenues up 20%

Published 28 Apr 2017 12:51 CET | World
Cybersecurity firm Fortinet said first-quarter revenue totalled USD 340.6 million, up 20 percent from a year earlier but slowing ...

Calendar   /   Industry Events

05 Mar Vonage Investor Day
08 Mar Smith Micro Q4 2020
10 Mar MTN FY results
10 Mar Verizon Investor Day
11 Mar Gogo Q4 2020
11 Mar Technicolor FY results
11 Mar T-Mobile US analysts day
12 Mar RTL Group Q4 2020
12 Mar Mobilezone Q4 2020
12 Mar AT&T analysts day
::: More Calendar Items