Va oltre le aspettative in tutti i parametri principali e registra una crescita record nel fatturato pari al 40% anno su anno

• Fatturato di $297,2 milioni, in crescita del 40% anno su anno1
• Entrate pari a $239,8 milioni, in aumento del 30% anno su anno
• Reddito netto non-GAAP diluito per azione di $0,111
• Flusso di cassa derivante dalle attività pari a $84,3 milioni
• Flusso di cassa libero di $73,5 milioni1
• Contanti, liquidi e investimenti pari a $1,15 miliardi
• Reddito differito di $657,6 milioni, in crescita del 37% anno su anno

Milano, 23 luglio 2015 – 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 2015, chiusosi al 30 giugno.

“La crescita record nel fatturato di Fortinet e le entrate, i profitti e il flusso di cassa, andati ben oltre le aspettative nel secondo trimestre, testimoniano come la nostra strategia di investimento continui a dare i suoi frutti”, dichiara Ken Xie, fondatore, presidente del consiglio di amministrazione e chief executive officer. “Le nostre eccellenti prestazioni sono il risultato di un mix tra attenzione al cliente, solido posizionamento tecnologico rispetto ai concorrenti, ritorno su vendite e investimenti di marketing, proattività con i partner, a cui vanno aggiunti un vivace mercato della sicurezza e la nostra capacità di acquisire nuovi clienti e di ampliare le relazioni con quelli esistenti. Guardando al futuro, Fortinet è ben posizionata per continuare nella direzione intrapresa e guadagnare quote di mercato a livello globale grazie alla nostra piattaforma di sicurezza di rete integrata end-to-end”.

Financial Highlights for the Second Quarter of 2015

• Billings1: Total billings were $297.2 million for the second quarter of 2015, an increase of 40% compared to $213.0 million in the same quarter of 2014.

• Revenue: Total revenue was $239.8 million for the second quarter of 2015, an increase of 30% compared to $184.1 million in the same quarter of 2014. Within total revenue, product revenue was $114.8 million, an increase of 34% compared to $85.4 million in the same quarter of 2014. Service revenue was $125.0 million, an increase of 27% compared to $98.7 million in the same quarter of 2014.

• Deferred Revenue: Total deferred revenue was $657.6 million as of June 30, 2015, an increase of $57.4 million from $600.2 million as of March 31, 2015.

• Cash and Cash Flow2: As of June 30, 2015, cash, cash equivalents and investments were $1.15 billion, compared to $1.07 billion as of March 31, 2015. In the second quarter of 2015, cash flow from operations was $84.3 million compared to $43.8 million in the same quarter of 2014. Free cash flow1 was $73.5 million during the second quarter of 2015 compared to $34.1 million in the same quarter of 2014.

• GAAP Operating Income: GAAP operating income was $3.0 million for the second quarter of 2015, representing a GAAP operating margin of 1%. GAAP operating income was $11.1 million for the same quarter of 2014, representing a GAAP operating margin of 6%.

• GAAP Net Income and Diluted Net Income Per Share: GAAP net income was $0.8 million for the second quarter of 2015, compared to GAAP net income of $6.1 million for the same quarter of 2014. GAAP diluted net income per share was break-even for the second quarter of 2015, compared to $0.04 for the same quarter of 2014.

• Non-GAAP Operating Income1: Non-GAAP operating income was $29.3 million for the second quarter of 2015, representing a non-GAAP operating margin of 12%. Non-GAAP operating income was $28.7 million for the same quarter of 2014, representing a non-GAAP operating margin of 16%.

• Non-GAAP Net Income and Diluted Net Income Per Share1: Non-GAAP net income was $19.4 million for the second quarter of 2015, compared to non-GAAP net income of $18.6 million for the same quarter of 2014. Non-GAAP diluted net income per share was $0.11 for both periods.

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.”

2 During the second quarter of 2015, there were no shares repurchased under our share repurchase program.