Fortinet Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2012. For the quarter, the company reported total revenue of $151,162,000 against $120,861,000 a year ago. Operating income was $35,040,000 against $26,520,000 a year ago. Income before income taxes was $36,270,000 against $27,371,000 a year ago. Net income was $21,507,000 or $0.13 per diluted share against $16,494,000 or $0.10 per diluted share a year ago. Net cash provided by operating activities was $50,293,000 against $22,559,000 a year ago. Purchases of property and equipment were $1,800,000 against $839,000 a year ago. Non-GAAP operating income was $41.3 million for the fourth quarter of 2012 compared to $32.4 million for the same quarter of 2011. Non-GAAP net income was $28.1 million for the fourth quarter of 2012 compared to $22.3 million. Non-GAAP diluted net income per share was $0.17 compared to $0.14 for the same quarter of 2011.

For the full year, the company reported total revenue of $248,948,000 against $197,408,000 a year ago. Operating income was $100,475,000 against $88,904,000 a year ago. Income before income taxes was $104,996,000 against $92,073,000 a year ago. Net income was $66,836,000 or $0.40 per diluted share against $62,492,000 or $0.38 per diluted share a year ago. Net cash provided by operating activities was $183,866,000 against $132,842,000 a year ago. Purchases of property and equipment were $22,083,000 against $3,624,000 a year ago. Non-GAAP operating income was $129.3 million for fiscal 2012 compared to $106.0 million for fiscal 2011. Non-GAAP net income was $88.3 million for fiscal 2012 compared to $73.1 million for fiscal 2011. Non-GAAP diluted net income per share was $0.53 for fiscal 2012 compared to $0.45 for fiscal 2011.