Large Deals Drive a Solid Quarter for Fortinet

Large Deals Drive a Solid Quarter for Fortinet

Cybersecurity company Fortinet (NASDAQ: FTNT) reported its second-quarter results after market close on July 26. Revenue grew at a double-digit pace, with non-GAAP earnings soaring due to both that revenue growth and a slow rise in expenses. The company continued to make progress winning large enterprise contracts during the quarter, and it expects double-digit growth to persist during the third quarter. Here's what investors need to know about Fortinet's second-quarter report.

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Q2 2017

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Source: Fool.com