Fortinet’s Billings Just Jumped 33% — Cybersecurity Demand Is Accelerating, Not Slowing
Fortinet grew revenue 26%, lifted its full-year guidance, and — the number that matters most for a security company — grew billings 33%. In a market worried that software spending is slowing, cybersecurity demand is doing the opposite. When a large software company grows its billings faster than its revenue, it is telling you something […]