Fortinet Inc. announced unaudited consolidated financial results for the fourth quarter and full year ended December 31, 2015. For the quarter, the company reported total revenue of $296,529,000 against $223,969,000 a year ago. Operating income was $12,867,000 against $19,916,000 a year ago. Income before income taxes was $13,036,000 against $20,118,000 a year ago. Net loss was $2,534,000 or $0.01 per basic and diluted share against net income of $6,813,000 or $0.04 per basic and diluted share a year ago. Net cash provided by operating activities was $68,558,000 against $35,364,000 a year ago. Purchases of property and equipment were $8,345,000 against $5,395,000 a year ago. Free cash flow (Non-GAAP) was $60,213,000 against $29,969,000 a year ago. Non-GAAP operating income was $47,579,000 against $36,841,000 a year ago. Net income was $32,391,000 or $0.18 per diluted share against $24,078,000 or $0.14 per basic and diluted share a year ago.

For the year, the company reported total revenue of $1,009,268,000 against $770,364,000 a year ago. Operating income was $14,877,000 against $59,324,000 a year ago. Income before income taxes was $17,005,000 against $61,549,000 a year ago. Net income was $7,987,000 or $0.05 per basic and diluted share against of $25,343,000 or $0.15 per basic and diluted share a year ago. Net cash provided by operating activities was $282,547,000 against $196,582,000 a year ago. Purchases of property and equipment were $37,358,000 against $32,197,000 a year ago. Free cash flow (Non-GAAP) was $245,189,000 against $164,385,000 a year ago. Non-GAAP operating income was $133,324,000 against $122,129,000 a year ago. Net income was $89,398,000 or $0.51 per diluted share against $80,830,000 or $0.48 per basic and diluted share a year ago.