Fortinet(FTNT) - 2024 Q3 - Quarterly Results

Press Release Fortinet Reports Third Quarter 2024 Financial Results Highlights • Total revenue up 13% year over year; service revenue up 19% year over year • Billings and product revenue returns to growth • Strong billings growth in Unified SASE and Security Operations • Record GAAP operating margin of 31.2% • Record Non-GAAP operating margin of 36.1% • Cash flow from operations of $608 million; Free cash flow of $572 million • Raising 2024 revenue and non-GAAP operating margin guidance • Share repurchase a ...