Fortinet Q2 2021 revenue $801M (+30% YoY); raises full-year guidance

Fortinet, Inc.

2021-Q2 EPS reported $1.47 revenue$1,511,400,000

Revenue $801.1M (+30% YoY); product $298.3M (+41%); service $502.8M (+24%)
Billings $960.9M (+35% YoY); deferred revenue $2.91B (+27%)
GAAP diluted EPS $0.82 (vs $0.69 YoY); non-GAAP diluted EPS $0.95 (vs $0.83)
Free cash flow $394.7M (quarterly record); operating cash flow $418.2M
FY2021 guidance raised: revenue $3.21B-$3.25B; billings $3.87B-$3.92B; non-GAAP EPS $3.75-$3.90

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