Fortinet (Nasdaq: FTNT) reported earnings on July 30. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended June 30 (Q2), Fortinet beat expectations on revenues and met expectations on earnings per share.

Compared to the prior-year quarter, revenue expanded. Non-GAAP earnings per share shrank. GAAP earnings per share shrank significantly.

Margins contracted across the board.

Revenue details
 Fortinet logged revenue of $147.4 million. The 22 analysts polled by S&P Capital IQ foresaw sales of $142.6 million on the same basis. GAAP reported sales were 14% higher than the prior-year quarter's $129.0 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
 EPS came in at $0.10. The 24 earnings estimates compiled by S&P Capital IQ forecast $0.10 per share. Non-GAAP EPS of $0.10 for Q2 were 17% lower than the prior-year quarter's $0.12 per share. GAAP EPS of $0.05 for Q2 were 38% lower than the prior-year quarter's $0.08 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
 For the quarter, gross margin was 70.4%, 80 basis points worse than the prior-year quarter. Operating margin was 9.3%, 660 basis points worse than the prior-year quarter. Net margin was 6.1%, 470 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
 Next quarter's average estimate for revenue is $152.4 million. On the bottom line, the average EPS estimate is $0.13.

Next year's average estimate for revenue is $599.6 million. The average EPS estimate is $0.49.

Investor sentiment
 The stock has a four-star rating (out of five) at Motley Fool CAPS, with 100 members out of 111 rating the stock outperform, and 11 members rating it underperform. Among 25 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 22 give Fortinet a green thumbs-up, and three give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Fortinet is outperform, with an average price target of $22.30.

Looking for alternatives to Fortinet? It takes more than great companies to build a fortune for the future. Learn the basic financial habits of millionaires next door and get focused stock ideas in our free report, "3 Stocks That Will Help You Retire Rich." Click here for instant access to this free report.