The company said it corrected a clerical error in the diluted non-GAAP net income per share guidance in its original Form 8-K filed on August 6, 2024, and the correction is reflected in this 8-K/A filing. The corrected range is $0.50 to $0.52 for Q3 2024 and $2.00 to $2.04 for fiscal 2024.

1. 01

   The company said it corrected a clerical error in the diluted non-GAAP net income per share guidance in its original Form 8-K filed on August 6, 2024, and the correction is reflected in this 8-K/A filing. The corrected range is $0.50 to $0.52 for Q3 2024 and $2.00 to $2.04 for fiscal 2024.

2. 02

   The company said total revenue for Q2 2024 was $1.43 billion, up 10.9% from $1.29 billion in the same quarter a year earlier. Product revenue fell 4.4% to $451.9 million, while service revenue rose 19.8% to $982.4 million.

3. 03

   The company said GAAP operating income was $437.2 million, a GAAP operating margin of 30.5%, and non-GAAP operating income was $503.6 million, a non-GAAP operating margin of 35.1%, in Q2 2024. It said its GAAP operating margin was 21.6% and its non-GAAP operating margin was 26.9% in the same quarter a year earlier.

4. 04

   Fortinet said operating cash flow in Q2 2024 was $342.0 million, lower than $515.1 million in the same quarter a year earlier, and free cash flow was $318.9 million, lower than $438.3 million in the same quarter a year earlier.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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