WASHINGTON (dpa-AFX) - Fortinet, Inc. (FTNT) released a profit for its first
quarter that increased from last year and beat the Street estimates.

The company's earnings came in at $299.3 million, or $0.39 per share. This
compares with $247.7 million, or $0.31 per share, in last year's first quarter.

Excluding items, Fortinet, Inc. reported adjusted earnings of $333.9 million or
$0.43 per share for the period.

Analysts on average had expected the company to earn $0.38 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 7.1% to $1.35 billion from $1.26
billion last year.

Fortinet, Inc. earnings at a glance (GAAP) :

-Earnings (Q1): $299.3 Mln. vs. $247.7 Mln. last year.
-EPS (Q1): $0.39 vs. $0.31 last year.
-Revenue (Q1): $1.35 Bln vs. $1.26 Bln last year.

-Guidance:
Next quarter EPS guidance: $0.39 to $0.41
Next quarter revenue guidance: $1.375 to $1.435 Bln
Full year EPS guidance: $1.73 to $1.79
Full year revenue guidance: $5.745 to $5.845 Bln


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