Fortinet Q3 Profit Tops Estimates - Quick Facts

(RTTNews) - Fortinet (FTNT) reported third-quarter net income of $4.1 million, compared to $11.0 million for the same quarter of 2013. Net income per share was $0.02, compared to $0.07, prior year. Non-GAAP net income was $20.0 million or $0.12 per share, for the third quarter of 2014.

On average, 26 analysts polled by Thomson Reuters expected the company to report profit per share of $0.11 for the quarter. Analysts' estimates typically exclude special items.

Total revenue was $193.3 million, an increase of 25% compared to $154.7 million in the same quarter of 2013. Analysts expected revenue of $184.89 million for the quarter.