secwatch.observer — SEC 8-K summary
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Issuer:     Fortinet, Inc. (FTNT)
CIK:        0001262039
Form:       8-K
Filed at:   2021-07-29T23:59:59+00:00
Accession:  0001262039-21-000019
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1262039/000126203921000019/0001262039-21-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1262039/000126203921000019/ftnt-20210729.htm
  HTML page:      https://secwatch.observer/filing/0001262039-21-000019

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer