GAAP stories
Cybersecurity giant Fortinet reports encouraging Q4 2023 results with a 10.3% revenue boost to $1.42bn and a yearly income increase of 20% to $5.30bn.
The company's product revenue was US$500.7 million, up 35% y-o-y, and service revenue was US$761.6 million, up 30% y-o-y.
RingCentral reports a robust Q4 with total revenue surging 34% to USD $253 million, as mid-market and enterprise efforts fuel significant growth.
Microsoft reports impressive Q2 results with revenue of $30.1bn, up 17%, and operating income of $10.4bn, up 35%.
Microsoft agrees to acquire GitHub, creating a powerful alliance for developers and expanding Microsoft's tools and services.
