Fortinet, Inc.: Fortinet Reports First Quarter 2021 Financial Results
Product revenue of $240.7 million, up 25% year over year
Service revenue of $469.6 million, up 22% year over year
Billings of $850.6 million, up 27% year over year
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GAAP operating margin of 17.1%, down 310 basis points year over year
Non-GAAP operating margin of 24.5%, up 210 basis points year over year
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Non-GAAP diluted net income per share of $0.81
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Free cash flow of $263.8 million
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SUNNYVALE, Calif., April 29, 2021 (GLOBE NEWSWIRE) Fortinet (Nasdaq: FTNT), a global leader in broad, integrated and automated cybersecurity solutions, today announced financial results for the first quarter ended March 31, 2021. We delivered strong revenue and billings growth in the first quarter while investing to increase market share across our existing businesses and drive growth in newer product areas such as 5G, SASE, and SD-WAN, said Ken Xie, Founder, Chairman, and Chief Executive Officer. Fortinet s plat
Vodafone Qatar net profit rises by 38% to QR66m for Q1
26 Apr 2021 - 10:29
The Peninsula
Vodafone Qatar has maintained its growth trajectory during the first quarter of 2021, reporting a net profit of QR66m for the first three months ended March 31, 2021, representing an increase of 38 percent year-on-year. The Company yesterday announced its latest financial results and added that it has achieved its highest quarterly net profit in the Company’s history.
Total revenue increased by 8.3% year-on-year to reach QR585m driven by continued growth in Company’s Postpaid revenue and Fixed Broadband services in addition to higher handset sales. Service Revenue grew by 5.1% to reach QR534m.
TriNet Announces First Quarter 2021 Results prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Apple joins artist royalty payments debate with some good karma
In a bit of good news for musicians and songwriters, Apple has joined the competitive royalty fray, pitting itself against SoundCloud and Spotify to prove which platform can more fairly compensate artists.
Guest post by
As an old sailing master once said, two boats on the water is a race. For once, the prize may be which streamery can treat artists better than their competitor.
What do SoundCloud and Apple have in common? Or said another way, what does Spotify
not have in common with SoundCloud and Apple?
Of all the different ways that each of these licensed platforms try to compete with each other, SoundCloud and Apple have started competing on how fairly they pay the artists. We like it.
Here’s what we know about a 4th stimulus check
Updated 9:38 AM;
Today 9:38 AM
While many Americans are still awaiting the arrival of third stimulus checks, many lawmakers are pushing for recurring direct payments throughout 2021 as part of a fourth stimulus package. (AP Photo/Matt Rourke, File)
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The third stimulus payments of up to $1,400 per American are still being dolled out by the Internal Revenue Service.
In fact, the IRS, the U.S. Department of the Treasury, and the Bureau of the Fiscal Service announced this week that more than two million supplemental stimulus checks are being delivered in the fifth batch of Economic Impact Payments (EIP).