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925-201b - Principles of Network Security and FortiGate Configurations - Braindumps Information

Vendor : Fortinet
Exam Code : 925-201b
Exam Name : Principles of Network Security and FortiGate Configurations
Questions and Answers : 107 Q & A
Updated On : May 18, 2018
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925-201b Questions and Answers

925-201b Principles of Network Security and FortiGate Configurations

Article by Killexams Fortinet Certification Experts


[OPTIONAL-CONTENTS-1]

Fortinet Principles of Network

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Fortinet Posts listing Billings and salary increase in 3Q15 | killexams.com real questions with brain dumps

Fortinet’s Soft Outlook Led to Commotion in Cybersecurity Space</i>" data-reactid="11">Fortinet’s soft Outlook led to Commotion in Cybersecurity house

Fortinet posts highest revenue growth in three years" data-reactid="12">Fortinet posts highest profits boom in three years

Fortinet (FTNT), a provider of network security appliances and security subscription services, announced its 3Q15 earnings results. The company’s revenues and non-GAAP (generally accepted accounting principles) EPS (earnings per share) of $260.7 million and $0.14, respectively, marginally beat analyst expectations by $1.3 million and $0.02, respectively." data-reactid="13">On October 22, 2015, Fortinet (FTNT), a provider of network protection home equipment and security subscription services, introduced its 3Q15 salary results. The business’s revenues and non-GAAP (commonly approved accounting ideas) EPS (income per share) of $260.7 million and $0.14, respectively, marginally beat analyst expectations by using $1.3 million and $0.02, respectively.

Fortinet’s revenue of $260.7 million grew 34.5% on a YoY (year-over-year) basis in 3Q15. That’s the highest revenue growth rate in the past three years." data-reactid="14">Fortinet’s salary of $260.7 million grew 34.5% on a YoY (yr-over-year) foundation in 3Q15. That’s the highest earnings growth cost during the past three years.

Fortinet’s revenue growth due in part to Meru acquisition" data-reactid="24">Fortinet’s income growth due partly to Meru acquisition

Fortinet’s revenue growth in 3Q15 was partly aided by Fortinet’s acquisition of Meru Networks for $44 million, which closed on July 8, 2015. Meru Networks, a player in Wi-Fi networking, is engaged in the development and marketing of virtualized wireless LAN (local area network) solutions." data-reactid="25">Fortinet’s earnings increase in 3Q15 turned into partly aided by using Fortinet’s acquisition of Meru Networks for $forty four million, which closed on July 8, 2015. Meru Networks, a participant in Wi-Fi networking, is engaged within the construction and marketing of virtualized instant LAN (native enviornment network) options.

Fortinet expanded its solutions portfolio. It was also able to cater to the global enterprise Wi-Fi market with integrated and intelligent secure wireless solutions. <em>Computerworld</em> estimates this market to be worth $5 billion." data-reactid="26">With the Meru acquisition, Fortinet accelerated its solutions portfolio. It became additionally in a position to cater to the global enterprise Wi-Fi market with built-in and clever comfy wireless solutions. Computerworld estimates this market to be value $5 billion.

Fortinet, stated, “With this convergence between Wi-Fi and security, we have the security products, they have the wireless products, and we can bring those together.”" data-reactid="27">Commenting on the Meru acquisition, John Whittle, vice president of company construction and established counsel for Fortinet, brought up, “With this convergence between Wi-Fi and security, we've the security products, they have the instant items, and we can deliver those collectively.”

currently, Cisco programs (CSCO) leads the global community protection market. verify point utility technologies (CHKP), Symantec (SYMC), Huawei, Juniper Networks (JNPR), and Palo Alto Networks (PANW) are other main players in this space.

Fortinet’s billings were the highest in 3Q15" data-reactid="29">Fortinet’s billings had been the optimum in 3Q15

Fortinet’s billings stood at $299.6 million, an increase of more than 41% on a YoY basis. Since the company became public in late 2009, this is the highest billings it has ever recorded." data-reactid="30">In fiscal 3Q15, Fortinet’s billings stood at $299.6 million, a rise of more than 41% on a YoY groundwork. when you consider that the business became public in late 2009, here is the maximum billings it has ever recorded.

Fortinet’s prospects, you could invest in the PureFunds ISE Cyber Security ETF (HACK). HACK invests about 5.0% of its holdings in Fortinet." data-reactid="31">in case you’re bullish about Fortinet’s possibilities, you may invest within the PureFunds ISE Cyber protection ETF (HACK). HACK invests about 5.0% of its holdings in Fortinet.

Fortinet-shares-fall-21-3q15-results/?utm_source=yahoo&amp;utm_medium=feed&amp;utm_content=read-next-a&amp;utm_campaign=Fortinet-posts-record-billings-revenue-growth-3q15" rel="nofollow noopener" target="_blank">Continue to Next Part</a>" data-reactid="32">proceed to subsequent part

Browse this series on Market Realist:


Fortinet stories Third Quarter 2017 financial consequences | killexams.com real questions with brain dumps

TMCNet: <a href=Fortinet Reports Third Quarter 2017 Financial Results"/>

Fortinet experiences Third Quarter 2017 financial consequences

salary and Billings increase Continues to Surpass Market

operating Margins expand

Third Quarter 2017 Highlights

  • earnings of $374.2 million, up 18% 12 months over yr
  • Billings of $431.7 million, up 24% 12 months over year1
  • GAAP diluted internet profits per share of $0.15
  • Non-GAAP diluted web profits per share of $0.281
  • GAAP working margin of 9%
  • Non-GAAP working margin of 19percent1
  • cash circulation from operations of $162.three million
  • Free money move of $one hundred forty.6 million1
  • money, money equivalents and investments of $1.fifty two billion
  • Deferred earnings of $1.22 billion, up 30% 12 months over year
  • $ninety.8 million in share repurchases
  • SUNNYVALE, Calif., Oct. 26, 2017 (GLOBE NEWSWIRE) -- Fortinet® (NASDAQ:FTNT), a worldwide chief in excessive-performance cyber protection options, these days introduced economic effects for the third quarter ended September 30, 2017.

    “Our significant put in base of community protection customers offers us a basis from which to promote our Fortinet security cloth, which is the broadest and most built-in security structure within the industry,” pointed out Ken Xie, Founder, Chairman and Chief government Officer. “We expect that the increasing cloud security market, and the way forward for securing essential infrastructure and IoT applied sciences, will enable Fortinet to proceed to develop at multiples of the market over the arriving years.”

    monetary particulars

  • profits: total income became $374.2 million for the third quarter of 2017, an increase of 18% compared to $316.6 million in the identical quarter of 2016.
  • Product revenue changed into $137.1 million, a rise of 7% compared to $128.0 million in the identical quarter of 2016. provider income changed into $237.1 million, a rise of 26% in comparison to $188.7 million in the equal quarter of 2016.
  • Billings1: complete billings had been $431.7 million for the third quarter of 2017, a rise of 24% compared to $347.5 million in the same quarter of 2016.
  • Deferred profits: complete deferred earnings changed into $1.22 billion as of September 30, 2017, in comparison to $934.8 million as of September 30, 2016, and $1.sixteen billion as of June 30, 2017. short-term deferred profits changed into $734.3 million as of September 30, 2017, compared to $582.1 million as of September 30, 2016. lengthy-term deferred earnings changed into $484.6 million as of September 30, 2017, compared to $352.6 million as of September 30, 2016.
  • cash, money circulation and Free cash Flow1: As of September 30, 2017, cash, money equivalents and investments had been $1.fifty two billion, in comparison to $1.forty six billion as of June 30, 2017. in the third quarter of 2017, money movement from operations became $162.three million compared to $76.1 million in the same quarter of 2016. Free money flow turned into $a hundred and forty.6 million right through the third quarter of 2017 in comparison to $70.2 million within the equal quarter of 2016, an increase of a hundred%.
  • Share Repurchase: during the third quarter of 2017, Fortinet repurchased 2.4 million shares of its standard inventory for a total purchase fee of $90.8 million. in addition, in October 2017, Fortinet’s Board of administrators authorised a rise of $four hundred.0 million within the existing share repurchase authorization, bringing the whole authorization to $1.0 billion.
  • GAAP operating profits and Margin: GAAP operating profits was $33.7 million for the third quarter of 2017, representing a GAAP working margin of 9%. GAAP operating income become $5.5 million for a similar quarter of 2016, representing a GAAP operating margin of 2%. 
  • Non-GAAP working Income1 and Margin1: Non-GAAP operating revenue became $70.0 million for the third quarter of 2017, representing a non-GAAP working margin of 19%. Non-GAAP working salary become $45.9 million for a similar quarter of 2016, representing a non-GAAP working margin of 15%. 
  • GAAP web earnings and Diluted net salary Per Share: GAAP net revenue become $26.6 million for the third quarter of 2017, compared to GAAP internet salary of $6.3 million for a similar quarter of 2016. GAAP diluted internet revenue per share became $0.15 for the third quarter of 2017, compared to GAAP diluted internet profits per share of $0.04 for the same quarter of 2016.
  • Non-GAAP net Income1 and Diluted internet income Per Share1: Non-GAAP internet earnings became $50.5 million for the third quarter of 2017, in comparison to non-GAAP internet income of $32.2 million for the same quarter of 2016. Non-GAAP diluted internet income per share became $0.28 for the third quarter of 2017, compared to $0.18 for a similar quarter of 2016.
  • information

    Fortinet provided here assistance for the fourth quarter of 2017:

  • income within the latitude of $404.0 million to $412.0 million
  • Billings within the latitude of $510.0 million to $525.0 million
  • Non-GAAP gross margin of seventy five% to 76%
  • Non-GAAP operating margin within the range of 18% to 19%
  • Diluted non-GAAP salary per share of $0.28 to $0.30
  • Fortinet additionally offered right here update to its assistance for the whole 12 months 2017:

  • profits in the latitude of $1.482 billion to $1.490 billion
  • Billings in the latitude of $1.772 billion to $1.787 billion
  • Non-GAAP gross margin of seventy five%
  • Non-GAAP operating margin of 17%
  • Diluted non-GAAP profits per share of $1.00 to $1.02
  • advice for non-GAAP financial measures excludes stock-primarily based compensation and amortization of acquired intangible assets. We have not reconciled non-GAAP metrics to GAAP metrics because certain items that affect these measures are unclear, out of our handle and/or can't be reasonably anticipated. accordingly, a reconciliation of the non-GAAP economic measure advice to the corresponding GAAP measures isn't purchasable without unreasonable effort.

    1 A reconciliation of GAAP to non-GAAP measures has been provided within the financial statement tables protected in this press unlock. an explanation of these measures is also blanketed under below the heading “Non-GAAP monetary Measures.”

    convention name DetailsFortinet will host a convention name today, October 26, 2017, at 1:30 p.m. Pacific Time (four:30 p.m. eastern Time) to talk about its monetary results. To access this call, dial (877) 303-6913 (domestic) or (224) 357-2188 (international) with convention id #90458376. A reside webcast of the convention call and supplemental slides might be available from the Investor family members page of Fortinet’s site at http://investor.Fortinet.com and a replay may be archived and purchasable at http://investor.Fortinet.com/movements.cfm. A replay of this convention call can also be accessed through November 2, 2017, by dialing (855) 859-2056 (domestic) or (404) 537-3406 (foreign) with convention identity# 90458376.

    Following Fortinet’s fiscal outcomes conference name, the enterprise will host an additional question-and-answer session at 3:30 p.m. Pacific Time (6:30 p.m. eastern Time) to supply an opportunity for financial analysts and traders to ask extra specified questions. To entry this name, dial (877) 303-6913 (domestic) or (224) 357-2188 (foreign) with convention identification # 90554546. This observe-up name can be webcast reside and purchasable at http://investor.Fortinet.com. A replay may be archived and obtainable after the call at http://investor.Fortinet.com/activities.cfm. A replay of this convention call will even be purchasable through November 2, 2017 by dialing (855) 859-2056 (domestic) or (404) 537-3406 (international) with conference id # 90554546.

    About Fortinet (www.Fortinet.com)Fortinet (NASDAQ:FTNT) secures the greatest business, carrier provider and executive corporations around the world. Fortinet empowers its shoppers with intelligent, seamless insurance policy across the increasing assault surface and the vigour to tackle ever-expanding performance necessities of the without boundary lines network -- today and into the future. handiest the Fortinet safety fabric architecture can carry security without compromise to handle the most critical protection challenges, no matter if in networked, application, cloud or mobile environments. learn more at http://www.Fortinet.com, the Fortinet blog or FortiGuard Labs.

    Copyright © 2017 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered logos and unregistered logos of Fortinet, Inc., its subsidiaries and affiliates. Fortinet’s logos include, however don't seem to be restricted to, the following: Fortinet, FortiGate, FortiGuard, FortiManager, FortiMail, FortiClient, FortiCloud, FortiCare, FortiAnalyzer, FortiReporter, FortiOS, FortiASIC, FortiWiFi, FortiSwitch, FortiVoIP, FortiBIOS, FortiLog, FortiResponse, FortiCarrier, FortiSIEM, FortiAP, FortiDB, FortiVoice, FortiWeb and FortiCASB. other emblems belong to their respective homeowners.

    FTNT-F

    ahead-searching StatementsThis press release contains forward-searching statements that contain dangers and uncertainties. These forward-searching statements consist of, but don't seem to be constrained to: statements regarding Fortinet continuing to develop at multiples of the market over the coming years, and the fourth quarter and full yr 2017 economic counsel. despite the fact we try to be accurate in making forward-looking statements, it is viable that future circumstances could range from the assumptions on which such statements are primarily based and circumstances can also trade. essential components that may cause effects to vary materially from the statements herein include right here: accepted financial hazards; global financial circumstances; regional and nation-specific financial challenges and stipulations and international forex risks; expanding competitiveness within the protection market; the dynamic nature of the protection market; specific financial dangers global and in different geographies, and amongst distinctive client segments; uncertainty involving elevated enterprise and renewals from latest clients; uncertainties round persevered success in revenue growth and market share features; longer sales and implementation cycles, principally for greater commercial enterprise clients; failure to transform sales pipeline into ultimate revenue; hazards linked to a hit implementation of distinctive built-in software items and different product performance risks; earnings and marketing execution risks; our means to continue to enrich operating margins; execution hazards around new product construction and introductions and innovation; dangers of slowing growth in the safety market in generic; litigation, disputes and investigations and the advantage can charge, distraction and hurt to income and popularity caused thereby; market acceptance of recent items and features; the ability to appeal to and preserve personnel, together with key personnel and enough advantageous earnings representatives to guide growth; alterations in method; risks linked to management of increase; adjustments in hiring plans or actual hiring and a possible negative have an effect on on boom and margins; product, functions and technological challenges and alterations that make our items and features much less competitive; dangers linked to the adoption of, and demand for, our items and capabilities in well-known and by means of specific consumer segments; pricing drive; hazards regarding integrating acquisitions; and the different possibility components set forth sometimes in our most fresh Annual document on form 10-ok, our most contemporary Quarterly record on kind 10-Q and our different filings with the Securities and trade fee (SEC), copies of which are available free of can charge on the SEC’s website at www.sec.gov or upon request from our investor relations branch. All forward-searching statements herein reflect our opinions simplest as of the date of this liberate, and we undertake no responsibility, and expressly disclaim any responsibility, to update forward-searching statements herein in gentle of recent suggestions or future hobbies.

    Non-GAAP fiscal MeasuresWe have offered in this free up monetary tips that has no longer been prepared based on U.S. commonly accepted Accounting concepts (GAAP). These non-GAAP monetary and liquidity measures are not in keeping with any standardized methodology prescribed by GAAP and don't seem to be always similar to equivalent measures introduced through other organizations. We use these non-GAAP monetary measures internally in inspecting our fiscal results and agree with they are positive to traders, as a supplement to GAAP measures, in evaluating our ongoing operational performance. We agree with that the use of these non-GAAP monetary measures gives an additional tool for investors to use in evaluating ongoing working outcomes and developments and in evaluating our monetary outcomes with peer businesses, lots of which latest equivalent non-GAAP fiscal measures to investors.

    Non-GAAP monetary measures should still not be regarded in isolation from, or as an alternative choice to, financial tips organized according to GAAP. buyers are encouraged to evaluate the reconciliation of those non-GAAP fiscal measures to their most without delay comparable GAAP monetary measures supplied within the financial statement tables beneath.

    Billings (Non-GAAP). We outline billings as income recognized in response to GAAP plus the alternate in deferred profits from the beginning to the conclusion of the duration less any deferred income balances obtained from company combination(s) all through the period. We agree with billings to be a helpful metric for administration and traders as a result of billings drive future revenue, which is a vital indicator of the health and viability of our business. There are a few limitations regarding the use of billings as a substitute of GAAP revenue. First, billings include amounts that haven't yet been identified as income and are impacted by using the time period of safety and support agreements. 2nd, we may additionally calculate billings in a manner it really is distinctive from peer groups that file equivalent financial measures. management money owed for these limitations by way of providing selected counsel related to GAAP revenue and evaluating billings together with GAAP salary.

    Free money stream (Non-GAAP). We define free cash flow as internet cash supplied with the aid of operating actions minus capital expenditures akin to purchases of actual estate and different property and machine. We trust free cash movement to be a liquidity measure that provides helpful tips to administration and investors about the amount of money generated with the aid of the company that, after capital bills, will also be used for strategic alternatives, including investing in our company, making strategic acquisitions, repurchasing remarkable typical inventory, and strengthening the balance sheet. however, free cash move isn't meant to symbolize our residual money circulate purchasable for discretionary charges, for the reason that we may additionally produce other non-discretionary expenses that aren't deducted from the measure. A hindrance of the usage of free cash flow in place of the GAAP measure of internet cash provided via operating actions is that free money circulate does not represent the whole increase or lower in the money, cash equivalents and investments balance for the period since it excludes cash supplied by means of or used for other investing and financing activities. management debts for this dilemma with the aid of proposing assistance about our capital bills and different investing and financing activities on the face of the money stream commentary and under the caption “management’s dialogue and evaluation of fiscal circumstance and results of Operations - Liquidity and Capital elements” in our most contemporary Quarterly document on form 10-Q and Annual document on form 10-okay and by means of offering money flows from investing and financing actions in our reconciliation of free cash flows. moreover, it is essential to be aware that different businesses, including organizations in our trade, might also not use free cash circulate, may also calculate free cash move in a different manner than we do or may additionally use other financial measures to evaluate their performance, all of which may reduce the usefulness of free money flows as a comparative measure.

    Non-GAAP working earnings and working margin. We outline non-GAAP operating profits as operating income or loss plus stock-primarily based compensation, business acquisition-connected prices, purchase accounting adjustments, impairment and amortization of bought intangible belongings, restructuring charges, fees linked to the implementation of a new enterprise resource Planning (ERP) equipment, litigation contract charges and, when relevant, other giant non-recurring objects in a given quarter. Non-GAAP operating margin is described as non-GAAP operating salary divided by means of GAAP profits. We trust these non-GAAP financial measures to be valuable metrics for management and investors as a result of they exclude the gadgets noted above so that our administration and traders can examine our ordinary core company working results over assorted durations. There are a few barriers related to the use of non-GAAP working profits in its place of working revenue or loss calculated in line with GAAP. First, non-GAAP operating income excludes the items stated above. second, the accessories of the costs that we exclude from our calculation of non-GAAP operating profits may also fluctuate from the components that peer businesses exclude when they report their non-GAAP outcomes of operations. administration debts for these barriers by presenting specific information related to the GAAP amounts excluded from non-GAAP working earnings and evaluating non-GAAP operating revenue along side operating income calculated according to GAAP.

    Non-GAAP web profits and diluted net salary per share. We define non-GAAP web profits as web income plus the items mentioned above under non-GAAP operating revenue and working margin, together with a tax adjustment to obtain our useful tax fee on a non-GAAP groundwork, which commonly differs from the GAAP advantageous tax rate. We define non-GAAP diluted internet revenue per share as non-GAAP internet income divided with the aid of the non-GAAP diluted weighted-ordinary shares fantastic. We believe these non-GAAP fiscal measures to be useful metrics for management and buyers for the same motives that we use non-GAAP operating profits and non-GAAP working margin. however, as a way to provide a greater finished photo of our ordinary core company working effects, we encompass in non-GAAP internet income and non-GAAP diluted web earnings per share, the tax adjustment required resulting in a fantastic tax rate on a non-GAAP basis, which regularly differs from the GAAP tax expense. We trust the non-GAAP advantageous tax rates we use are reasonably-priced estimates of normalized tax rates for our latest and prior fiscal years below our world working structure. The same obstacles described above related to our use of non-GAAP operating income and non-GAAP working margin follow to our use of non-GAAP web profits and non-GAAP diluted web income per share. We account for these obstacles by using featuring certain assistance related to the GAAP amounts excluded from non-GAAP web earnings and non-GAAP diluted net profits per share and evaluating non-GAAP web profits and non-GAAP diluted internet income per share along with net revenue and diluted net profits per share calculated according to GAAP.

      Fortinet, INC. CONDENSED CONSOLIDATED balance SHEETS (Unaudited, in hundreds)           September 30, 2017   December 31, 2016 belongings       latest assets:       money and money equivalents $ 905,794     $ 709,003   short-term investments 369,961     376,522   bills receivable—net257,999     312,998   stock seventy three,595     106,887   prepaid expenses and other current assets 43,302     33,306   total latest belongings 1,650,651     1,538,716   long-term INVESTMENTS 247,875     224,983   DEFERRED TAX assets 204,721     182,745   PROPERTY AND gadget—web239,891     137,249   other INTANGIBLE belongings—net18,291     24,828   GOODWILL 14,553     14,553   different belongings 19,297     16,867   total assets $ 2,395,279     $ 2,139,941   LIABILITIES AND STOCKHOLDERS’ fairness       current LIABILITIES:       debts payable $ forty four,543     $ fifty six,732   accrued liabilities forty,439     35,640   accumulated payroll and repayment75,482     78,138   profits taxes payable 15,862     13,588   Deferred income 734,313     645,342   complete latest liabilities 910,639     829,440   DEFERRED earnings 484,644     390,007   profits TAX LIABILITIES 87,993     68,551   different LIABILITIES 9,778     14,262   complete liabilities 1,493,054     1,302,260   COMMITMENTS AND CONTINGENCIES       STOCKHOLDERS’ fairness:       common stocka hundred seventy five     173   further paid-in capital 912,053     800,653   collected other finished loss (416 )   (765 ) Retained revenue (deficit) (9,587 )   37,620   total stockholders’ fairness 902,225     837,681   total LIABILITIES AND STOCKHOLDERS’ fairness $ 2,395,279     $ 2,139,941     Fortinet, INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited, in lots, except per share amounts)           Three Months Ended   9 Months Ended   September 30, 2017   September 30, 2016   September 30, 2017   September 30, 2016 income:               Product $ 137,095     $ 127,972     $ 415,053     $ 389,185   carrier 237,122     188,674     663,209     523,428   complete earnings 374,217     316,646     1,078,262     912,613   charge OF earnings:               Product 1 58,106     50,267     174,one hundred ninety     152,368   service 1 35,543     34,532     a hundred and five,675     ninety four,578   complete charge of income ninety three,649     84,799     279,865     246,946   GROSS income:               Product seventy eight,989     77,705     240,863     236,817   service 201,579     154,142     557,534     428,850   total gross profit280,568     231,847     798,397     665,667   operating fees:               research and building 1 53,486     47,239     a hundred and fifty five,840     137,495   income and advertising and marketing 1 172,361     154,831     509,098     463,628   normal and administrative 1 21,025     22,006     sixty five,513     63,629   Restructuring fees —     2,283     340     3,164   total working expenses246,872     226,359     730,791     667,916   operating revenue (LOSS) 33,696     5,488     sixty seven,606     (2,249 ) activity salary three,866     1,888     9,421     5,339   different income (price)—net344     (787 )   1,889     (3,449 ) earnings (LOSS) earlier than profits TAXES 37,906     6,589     seventy eight,916     (359 ) PROVISION FOR (improvement FROM) profits TAXES 11,296     298     18,556     (7,380 ) web income $ 26,610     $ 6,291     $ 60,360     $ 7,021   web revenue per share:               fundamental $ 0.15     $ 0.04     $ 0.34     $ 0.04   Diluted $ 0.15     $ 0.04     $ 0.34     $ 0.04   Weighted-regular shares magnificent:               primary 175,519     173,335     a hundred seventy five,253     172,212   Diluted 178,973     177,938     178,987     176,046                   1 comprises inventory-primarily based compensation as follows:               can charge of product revenue $ 314     $ 309     $ 1,039     $ 887   can charge of provider salary 2,371     2,238     7,154     6,495   research and development7,976     7,648     24,127     22,249   income and advertising 19,609     17,378     fifty eight,380     50,183   conventional and administrative 4,037     3,520     12,029     10,528     $ 34,307     $ 31,093     $ 102,729     $ ninety,342     Fortinet, INC. CONDENSED CONSOLIDATED STATEMENTS OF complete profits (Unaudited, in hundreds)           Three Months Ended   nine Months Ended   September 30, 2017   September 30, 2016   September 30, 2017   September 30, 2016 net salary $ 26,610     $ 6,291     $ 60,360     $ 7,021   other complete revenue (loss):               alternate in unrealized good points (losses) on investments 172     (879 )   506     1,670   Tax provision (advantage) regarding exchange in unrealizedgains (losses) on investments 65     (308 )   157     584   other comprehensive income (loss) 107     (571 )   349     1,086   finished revenue $ 26,717     $ 5,720     $ 60,709     $ eight,107     Fortinet, INC. CONDENSED CONSOLIDATED STATEMENTS OF money FLOWS (Unaudited, in thousands)       nine Months Ended   September 30, 2017   September 30, 2016 money FLOWS FROM working activities:       net profits $ 60,360     $ 7,021   alterations to reconcile net earnings to net money offered by operating actions:       Depreciation and amortization 41,208     34,896   Amortization of funding charges2,one hundred twenty five     three,828   stock-based mostly repayment102,729     ninety,342   different non-money objects—webthree,179     four,846   alterations in operating assets and liabilities:       money owed receivable—web51,447     12,788   stock 17,687     (24,555 ) Deferred tax property (22,133 )   (35,005 ) prepaid expenses and different current belongings (9,599 )   4,301   other property (360 )   (2,595 ) accounts payable (sixteen,537 )   (1,584 ) collected liabilities 8,052     598   amassed payroll and compensation (3,531 )   three,253   different liabilities (three,830 )   (three,119 ) Deferred revenue 184,350     142,867   income taxes payable 21,716     6,789   net cash supplied by means of operating activities 436,863     244,671   money FLOWS FROM INVESTING activities:       Purchases of investments (359,569 )   (370,573 ) revenue of investments 9,995     21,805   Maturities of investments 329,132     344,959   Purchases of property and equipment (121,641 )   (50,319 ) funds made in connection with company acquisition, net of money obtained —     (22,087 ) web money used in investing actions (142,083 )   (76,215 ) cash FLOWS FROM FINANCING activities:       Proceeds from issuance of commonplace stock61,836     42,292   Taxes paid related to web share agreement of fairness awards (35,869 )   (29,886 ) Repurchase of usual stock (123,956 )   (75,000 ) payments of debt assumed in connection with business acquisition —     (1,626 ) internet cash used in financing activities (ninety seven,989 )   (64,220 ) net boost IN money AND cash EQUIVALENTS 196,791     104,236   money AND cash EQUIVALENTS—beginning of period 709,003     543,277   money AND cash EQUIVALENTS—conclusion of duration $ 905,794     $ 647,513     Reconciliations of non-GAAP results of operations measures to the nearest similar GAAP measures (Unaudited, in heaps, except per share quantities)     Reconciliation of net cash provided through working activities to free money circulation       Three Months Ended   September 30, 2017   September 30, 2016 internet cash provided by using working activities $ 162,343     $ 76,139   much less purchases of property and gadget (21,753 )   (5,920 ) Free cash circulate $ a hundred and forty,590     $ 70,219   web cash utilized in investing actions $ (28,914 )   $ (6,798 ) web cash used in financing actions $ (80,772 )   $ (18,208 )   Reconciliation of GAAP working income to Non-GAAP operating revenue, operating margin, internet earnings and diluted internet salary per share           Three Months Ended September 30, 2017   Three Months Ended September 30, 2016   GAAPResults   changes   Non-GAAPResults   GAAP outcomes   adjustments   Non-GAAPResults operating income $ 33,696     $ 36,344   (a) $ 70,040     $ 5,488     $ 40,447   (b) $ forty five,935   operating margin 9 %       19 %   2 %       15 % alterations:                       stock-basedcompensation     34,307             31,093       Amortization ofacquired intangibleassets     2,037             2,839       Restructuring costs     —             2,283       ERP-related prices     —             four,060       inventory fair valueadjustment amortization     —             172       Tax adjustment     (12,464 ) (c)         (14,555 ) (c)   net profits $ 26,610     $ 23,880     $ 50,490     $ 6,291     $ 25,892     $ 32,183   Diluted net salary pershare $ 0.15         $ 0.28     $ 0.04         $ 0.18   Shares used in diluted netincome per sharecalculations 178,973         178,973     177,938         177,938  

    (a) To exclude $34.three million of inventory-based mostly compensation and $2.0 million of amortization of got intangible belongings within the three months ended September 30, 2017.(b) To exclude $31.1 million of inventory-primarily based compensation, $2.8 million of amortization of received intangible assets, $2.three million of restructuring prices, $four.1 million of ERP-related expenses, and $0.2 million of inventory reasonable cost adjustment amortization recorded pursuant to our enterprise acquisition within the three months ended September 30, 2016.(c) Non-GAAP economic suggestions is adjusted to obtain an typical 32% percent and 33% % beneficial tax rate in 2017 and 2016, respectively, on a non-GAAP foundation, which differs from the GAAP helpful tax fee.

      Billings Reconciliation       Three Months Ended   September 30, 2017   September 30, 2016 complete salary $ 374,217     $ 316,646   Add exchange in deferred revenue 57,486     30,811   total billings $ 431,703     $ 347,457  

    Investor Contact:

    Kelly BloughFortinet, Inc.408-235-7700 x 81612kblough@Fortinet.com

    Media Contact:

    Sandra WheatleyFortinet, Inc.408-391-9408swheatley@Fortinet.com

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    Fortinet : Q1 salary beats suggestions, profit surges | killexams.com real questions with brain dumps

    can also 15--CYBERSECURITY business Fortinet mentioned its GAAP (often authorized Accounting principles) internet income surged to $10.7 million within the first quarter of 2017 from GAAP internet salary of $2.1 million a year earlier.

    Fortinet posted a 20-% raise in revenue for the quarter, driven by potent increase in carrier revenues, a rating company authentic referred to.

    "complete revenue changed into $340.6 million for the primary quarter of 2017, a rise of 20 percent compared to $284.6 million within the equal quarter of 2016," Ken Xie, Fortinet founder, chairman and chief executive officer observed over the weekend.

    The California-based business develops and markets cybersecurity application, home equipment and features, and is said to be the fourth-greatest community protection enterprise by means of salary.

    "within the first quarter, Fortinet delivered billings and profits boom that passed our information and persisted to outgrow the market," Xie delivered.

    Fortinet noted product salary for the period changed into $one hundred thirty five.three million, a rise of 9 % from $124.6 million within the equal quarter of 2016.

    carrier revenues surged 38 % to $205.3 million, on complete billings of $403.3 million, up 22 % from a 12 months ago.

    ___

    (c)2017 The Manila times (Manila, Philippines)

    visit The Manila instances (Manila, Philippines) at www.manilatimes.internet

    dispensed by way of Tribune content agency, LLC.

    © Tribune content material agency, source Regional news


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    Test Name : Principles of Network Security and FortiGate Configurations
    Vendor Name : Fortinet
    Q&A : 107 Real Test Questions/Answers


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    Fortinet 925-201b Exam (Principles of Network Security and FortiGate Configurations) Detailed Information

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