secwatch.observer — SEC 8-K summary
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Issuer:     Fortinet, Inc. (FTNT)
CIK:        0001262039
Form:       8-K
Filed at:   2023-02-07T23:59:59+00:00
Accession:  0001262039-23-000003
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fortinet Q4 revenue $1.28B (+33% YoY); FY22 revenue $4.42B, record FCF $1.45B
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- Q4 GAAP EPS $0.40, non-GAAP EPS $0.44, up 67% and 76% YoY respectively.
- FY product revenue $1.78B (+42% YoY); service revenue $2.64B (+26% YoY).
- FY22 free cash flow record $1.45B; share repurchases $1.99B in 2022.
- Q1 2023 guidance: revenue $1.18-1.22B, non-GAAP EPS $0.27-0.29.
- FY 2023 guidance: revenue $5.37-5.43B, non-GAAP EPS $1.39-1.41.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1262039/000126203923000003/0001262039-23-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1262039/000126203923000003/ftnt-20230207.htm
  HTML page:      https://secwatch.observer/filing/0001262039-23-000003

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