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250-502 - Firewall and Integrated Security Appliances Solutions - Dump Information

Vendor : Symantec
Exam Code : 250-502
Exam Name : Firewall and Integrated Security Appliances Solutions
Questions and Answers : 145 Q & A
Updated On : Click to Check Update
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250-502 Questions and Answers

Pass4sure 250-502 Dumps with Real Questions & Practice Test


Answer: D


QUESTION: 130

Which two Symantec Gateway Security 300 Series models have two WAN ports? (Choose two.)


  1. 320

  2. 320R

  3. 360

  4. 360F

  5. 360R


Answer: C, E


QUESTION: 131

How should you configure a backup Internet connection on a Symantec Gateway Security 320?


  1. Configure a redundant IP on the WAN port.

  2. Configure the WAN2 port to connect to your ISP.

  3. Connect a modem to the serial port and configure a dialup account.

  4. Connect a modem to the CardBus port and configure a dialup account.


Answer: C


QUESTION: 132

What is another term commonly used for NAT?


  1. IP spoofing

  2. IP masquerading

  3. IP address proxying

  4. IP packet address translation


Answer: B


QUESTION: 133

Which two protocols are types of VPN encapsulation methods? (Choose two.)


  1. L2TP

  2. SLIP

  3. IPSec

  4. CHAP

  5. PPPoE


Answer: A, C


QUESTION: 134

Your ISP assigns you network 216.13.156.64/27. What is the maximum number of hosts you can have?


image


A.

30

B.

32

C.

62

D.

64


Answer: A


QUESTION: 135

Your ISP assigns you network 216.13.156.64/27. What is the maximum number of

subnets you can create?


A.

4

B.

8

C.

16

D.

32


Answer: B


QUESTION: 136

Which two methods are used by VPN technology to ensure data integrity? (Choose two.)


  1. AES

  2. MD5

  3. SHA1

  4. 3DES


Answer: B, C


QUESTION: 137

Which firewall technology can inspect packets at the application layer?


  1. SOCKS

  2. proxy-based

  3. circuit level gateway

  4. stateful packet filtering


Answer: B


QUESTION: 138

Which three can a proxy-based firewall do? (Choose three.)


  1. hide addresses on the internal network

  2. track each connection across all interfaces

  3. inspect encrypted traffic at the application layer

  4. allow for logging of events at the application layer


Answer: A, B, D


QUESTION: 139

Which address is used to identify source and destination at the TCP/IP link layer?


  1. IP

  2. Port

  3. Host

  4. MAC


Answer: D


QUESTION: 140

Your customer has configured their internal network to use the 64.124.0.0/16 network and is using NAT to route to the Internet. They are complaining that the Symantec LiveUpdate service is not functioning properly. How should you fix the problem?


  1. Configure the NAT to use dynamic DNS.

  2. Configure the NAT to route the 64.124.0.0/16 network to the Internet.

  3. Reconfigure the internal network to use an accepted private network address.

  4. Add a static route from the 64.124.0.0/16 network to the Symantec LiveUpdate servers.


Answer: C


Symantec 250-502 Exam (Firewall and Integrated Security Appliances Solutions) Detailed Information

Train. Certify. Succeed!
Validate technical knowledge and competency by becoming a Symantec Certified Specialist (SCS) based on your specific area of Symantec technology expertise. To achieve this level of certification, candidates must pass one proctored SCS exam based on a combination of Symantec training material, commonly referenced product documentation, and real-world job scenarios.
Certification News
Find out what’s new in the Symantec Certification Program.
Prepare for an Exam
View the list of available exams and see the exam details and recommended preparation for each exam.
Learn about new item types on SCS exams.
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Or, register for an exam now.
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Certification Documents and Policies
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Register for notifications and/or to participate in our certification exam development process. Help design, write, or beta test the next generation of Symantec Certification Exams.
Read some frequently asked questions about Symantec Education Services and find out how to get additional help.
Why Get Certified?
Did you know that Symantec certifications ranked #1 as the top product vendor cyber security certifications by salary in the IT Security Salary Survey (Certification Magazine, November 2015) and that 76% of candidates and recruiters verified that Symantec Certification was discussed as part of the hiring process? Certification can open the door to increased visibility, better opportunities and new jobs in your industry. In today’s highly competitive environment, certification differentiates you as a professional who is serious about applied learning, making you an asset to a prospective employer. Read about the benefits of certification.
Symantec Training
We provide a number of training options to suit your schedule, budget and experience. Online eLearning courses are provided to you at no cost while Virtual Academy and classroom training are provided to you at a reduced cost.
Benefits
Gain a competitive edge
Close more business
Drive larger deals with improved knowledge
Smoother solution deployments
Differentiate yourself from the competition
Satisfy customer needs by selling the right solution
Achieve program membership status with access to more Partner Program benefits
Online eLearning
No cost eLearning that is available online exclusively to Symantec Partner Program members. Earning Symantec accreditations and authorizations may give you access to revenue enhancing and profitability programs. eLearning courses are organized into learning paths that prepare you to successfully complete the Symantec credentials:
Symantec Sales Expert (SSE)
Symantec Sales Expert Plus (SSE+)
Symantec Certified Specialist (SCS)
Virtual Academy
Online learning that recreates the traditional classroom experience via live webcasts, hands-on labs, on-demand modules and expert mentoring. Benefits include:
Less time out of the field
No travel costs
Attend any class in the world
Classroom training
Fee-based technical courses at Symantec locations around the world, offering the same content and in
What is the Symantec Certification Program?
The Symantec Certification Program provides rigorous, objective assessments of Symantec technical expertise through securely proctored, computer-based, multiple-choice exams (based on real-world job tasks). The program validates the skills and technical competencies necessary for Symantec professionals to efficiently implement, administer, and maintain their data protection, high availability, and security environments utilizing Symantec solutions.
Successful completion of the programs’ current requirements will result in the achievement and reward of either a Symantec Certified Specialist (SCS) or Symantec Certified Professional (SCP) certificate.
Who is the audience?
Symantec End Users, Customers, Employees, and Partners (optional). Although each product varies in complexity and depth, all certification exams are created specifically for customers and cover core elements measuring technical knowledge against factors such as installation, configuration, deployment, product management & administration, and day-to-day maintenance. While certification is optional for partners and employees, certification is not a requirement of the Symantec Partner Program and does not count toward program classification.
What is a Symantec Certified Specialist?
An End User, Customer, Employee, and/or Partner who has proven technical knowledge and competency by becoming Symantec certified based on their specific area of expertise with Symantec products.
What is a Symantec Certified Professional?
An End User, Customer, Employee, and/or Partner who has proven technical knowledge and competency by becoming Symantec certified based on their specific solution expertise with multiple Symantec products.
Is the Symantec Certification Program available worldwide?
Yes, it is a global certification program for IT professionals working with Symantec solutions worldwide.
What certifications are currently available?
Symantec offers Symantec Certified Specialist (SCS) and Symantec Certified Professional (SCP) certifications covering several different products and solutions by product versions. See more information on the currently available certifications.
Where can I find the individual certification requirements for each certification?
Certification requirements, sample exams, exam objectives, recommended training and registration is available for each certification and corresponding exam. Please click here for more information on Available Certifications.
What is the benefit of becoming Symantec Certified?
Symantec certified candidates and their companies have the ability to gain industry recognition, competitive differentiation, greater productivity & results, increased user community satisfaction, and a tangible measure of their education investment.
Did you know that 76% of candidates and recruiters verified that Symantec Certification was discussed as part of the hiring process? Certification can open the door to increased visibility, better opportunities and new jobs in your industry. In today’s highly competitive environment, certification differentiates you as a professional who is serious about applied learning, making you an asset to a prospective employer. Read about the benefits of Certification for an Individual and Employer.
Does Symantec End User Certification count toward Partner Program requirements and benefits?
End user certification does NOT count toward Partner Program requirements. To learn more view this FAQ sheet (PDF).
Is my Clearwell certification still valid?
See below for details to learn about the acquisition of Clearwell:
Customers
Partners
Is my PGP certification still valid?
See below for details to learn about the legacy acquisition of PGP:
Customers
Partners
Exams
How and where are the exams administered?
Are exams published on the same schedule worldwide?
How do I register and pay for a Symantec certification exam?
How much does it cost to take an exam?
What is the format of the exams?
How much time is allowed to take an exam?
How will I be notified that I have passed an exam?
How will Symantec be notified that I have passed an exam?
What score must I achieve to pass an exam?
Who sees my exam score(s)?
If I do not pass an exam, can I find out which questions I got wrong?
How many times can I take an exam, is there a waiting period, and is there a cost to retake an exam?
How can I find out what topics an exam will cover?
Are the exams based on current Symantec product versions?
How do I know what software release version an exam covers?
Are practice or sample exams available?
Why does Symantec list a range of questions for exams?
How are the exams developed?
How are passing scores established?
Certification
Training and Education
The exams are computer-based and delivered at Pearson VUE testing centers. Pearson VUE provides computer-based testing for information technology, academic, government and professional testing programs around the world. Pearson VUE provides a full suite of services from test development to data management, and delivers exams through the world’s most comprehensive and secure network of Test Center Locations in 175 countries. Pearson VUE is a business of Pearson (NYSE: PSO; LSE: PSON), the international media company, whose businesses include the Financial Times Group, Pearson Education and the Penguin Group.
Are exams published on the same schedule worldwide?
Exams will be available on the same schedule worldwide in English at Pearson VUE. Translations will be determined on a country-by-country basis.
How do I register and pay for a Symantec certification exam?
To register for a Symantec certification exam, login or create a Symantec CertTracker account. Exam fees are payable by credit card or by voucher. View the step-by-step instructions on how to register.
View the step-by-step instructions on how to purchase exam vouchers.
How much does it cost to take an exam?
The fee for a standard released Certification exam is $225 USD (or your country’s currency equivalent).
Symantec reserves the right to change exam fees at any time. Always check Pearson’s website to verify exams costs, schedules, and locations.
What is the format of the exams?
Exams are delivered in multiple-choice format, with each having approximately 65-100 questions. It’s common for the exams to contain exhibits/graphics. Exhibits/graphics are shown directly above the question.
How much time is allowed to take an exam?
Allotted exam time varies by exam length. It typically takes one minute to complete each exam question.
How will I be notified that I have passed an exam?
Pearson VUE provides you with instant results at the completion of your exam. A score report will be printed and given to you before you leave the testing center. Candidates are also able to view exam progress by logging into CertTracker.
How will Symantec be notified that I have passed an exam?
Symantec receives candidate exam results daily via file transfers from Pearson VUE to CertTracker Be sure you keep your personal information in your CertTracker profile up-to-date so that you receive proper credit for exams passed and certifications earned.
What score must I achieve to pass an exam?
Passing scores vary by exam. For more information on specific certifications in each category, please see the certification exam details within your selected product solution training path.
Who sees my exam score(s)?
You, Symantec, and your company (if you designate).
If I do not pass an exam, can I find out which questions I got wrong?
No. Symantec maintains this policy to ensure security over the exam questions.
How many times can I take an exam, is there a waiting period, and is there a cost to retake an exam?
If you do not pass an exam on your first attempt, you must wait at least 3 days (72 hours) before a second attempt. If you do not pass an exam on your second attempt, then you must wait at least 2 weeks (14 days) between each additional attempt. If you need to retake an exam that you have already passed in order to fulfill a certification track requirement, you may do so after 3 months. The same cost applies whether you take an exam once or many times.
How can I find out what topics an exam will cover?
Certification requirements, sample exams, exam objectives, recommended training and registration is available for each certification and corresponding exam. For more information on specific certifications in each category, please see the certification exam details within your selected product solution training path.
Are the exams based on current Symantec product versions?
Exams are developed for the current version of the Symantec product release at the time of development. Exams may be updated after significant new versions are released. New exams may not always correspond to the software release schedule.
How do I know what software release version an exam covers?
For more information on specific certifications in each category, please see the certification exam details within your selected product solution training path.
Are practice or sample exams available?
Sample exams are available. Each sample exam consists of multiple-choice items. Some items may have a supporting exhibit which you will be directed to view before answering the item. The sample exams are not timed, however, you should attempt to complete them as quickly as you can. Certification requirements, sample exams, exam objectives, study guides, recommended training, and registration is available for each certification and corresponding exam. For more information on specific certifications in each category, please see the certification exam details within your selected product solution training path.
Why does Symantec list a range of questions for exams?
Symantec regularly conducts statistical analyses of certification exam results for exam maintenance purposes. In doing so, Symantec publishes a range of questions per exam to account for “unscored” questions. In order to ensure the value of the Symantec certification program, Symantec routinely updates exams with new questions on an unannounced basis. Those new questions are initially delivered as “unscored” so that Symantec can evaluate the performance in the field/on the released exam. The “unscored” questions do not count towards your passing score and additional time is already incorporated into the total exam duration to answer these questions.
Symantec also regularly updates exam questions where the actual number of questions per exam may vary from time to time as these unannounced updates occur.
How are the exams developed?
Symantec end users, both internally and in the field, are studied to define the job performance requirements. The results determine the minimum level of competence required for the defined job performance and is tested in the exams. Symantec follows industry standards for “high stakes” exam development.
How are passing scores established?
Although it is intuitive to think that an appropriate passing score for an examination should be 70 or 75 percent correct based on personal experiences taking classroom tests, these arbitrary values may not reflect the performance level expected of the “minimally qualified candidate” given the difficulty of the test. For example, if the examination is very easy, a passing score of 70 may be too low. However, if the examination is very difficult, this same value may be too high.
Establishing passing scores requires the application of systematic procedures that consider the defined performance level definition of the “minimally qualified candidate” and the difficulty of the examination. Before the final passing scores are established, they are evaluated to ensure that the available validity evidence supports their use for the intended purpose of distinguishing the “minimally qualified candidates” from those who are not yet qualified. This systematic method is used to establish and maintain the fairness, validity and reliability of exams.
In order to ensure the value of the Symantec certification program, Symantec routinely updates exams with new questions. In these cases the passing percentage could change per exam from time to time as these unannounced updates occur
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Coming here was the best thing that happened to me since it got me study well and consequently put up a good performance in my exams. Firewall and Integrated Security Appliances Solutions certification 10-Q: FORTINET INC | 250-502 Real Questions and VCE Practice Test (EDGAR online by way of COMTEX) -- merchandise 2. administration's discussion and analysis of fiscal condition and consequences of Operations in addition to historical advice, this Quarterly record on form 10-Q carries ahead-searching statements inside the meaning of section 27A of the Securities Act of 1933, as amended, and part 21E of the Securities and alternate Act of 1934, as amended (the "trade Act"). These statements include, amongst other things, statements regarding our expectations involving: endured increase and market share positive aspects; variability in earnings in certain product classes from yr to yr and between quarters; expected influence of revenue of definite items and services; the have an impact on of macro-economic and geopolitical factors on our earnings; the percentage of our salary that carries our product and service income, and the mix of billings between products and services, and the duration of carrier contracts; the influence of our product innovation strategy; the effects of govt law, tariffs and different connected policies; drivers of lengthy-term growth and working leverage, akin to increased sales productiveness, functionality and price in our standalone and bundled subscription carrier offerings; growing our income to groups, carrier suppliers and executive businesses, the affect of earnings to those businesses on our lengthy-time period growth, growth and working outcomes, and the effectiveness of our inside earnings organization; trends in earnings, cost of income and gross margin; trends in our operating costs, together with income and advertising and marketing fee, research and building cost, generic and administrative price, and expectations involving these expenses as a percent of total income; risks and expectations involving acquisitions or earnings of property, including integration issues involving product plans and items, including the obtained expertise; persevered investments in research and construction; managing our persevered investments in income and advertising, and the affect of those investments; expectations related to unclear tax benefits and our useful domestic and global tax costs, and the have an impact on of the Tax Cuts and Jobs Act (the "2017 Tax Act"); expectations related to spending involving true property and other capital expenditures and to the have an effect on on free cash flows; competitors in our markets; statements involving expected results and liabilities in litigation; our intentions regarding share repurchases and the sufficiency of our current cash, money equivalents and investments to meet our money wants for at the least the next 12 months; other statements concerning our future operations, monetary circumstance and potentialities and business suggestions; and adoption and have an effect on of latest accounting requisites, including these related to accounting for leases. table of Contents These ahead-looking statements are discipline to definite dangers and uncertainties that might cause our genuine results to vary materially from those reflected in the forward-searching statements. factors that could cause or contribute to such transformations include, but don't seem to be restrained to, these discussed in this Quarterly document on kind 10-Q and, in certain, the hazards mentioned under the heading "possibility factors" partially II, merchandise 1A of this Quarterly document on form 10-Q and people mentioned in different documents we file with the Securities and alternate commission (the "SEC"). We undertake no responsibility to revise or publicly unencumber the results of any revision to those forward-looking statements. Given these hazards and uncertainties, readers are cautioned not to vicinity undue reliance on such ahead-searching statements. business Overview Fortinet is a global leader in cybersecurity solutions offered to a wide variety of organizations, akin to organizations, conversation provider suppliers, govt groups and small businesses. Our cybersecurity options are designed to give wide visibility and segmentation of the digital assault floor through our built-in security cloth platform, which facets automatic insurance plan, detection and responses. The center of attention areas of our business include: community safety-We derive a majority of product earnings from our FortiGate network security home equipment. Our FortiGate network safety appliances include a broad set of constructed-in security and networking features and functionalities, including firewall, software-defined vast-enviornment network, cozy sockets layer information leak prevention, virtual deepest community, swap and instant controller and huge enviornment network part. Our community protection appliances encompass our FortiOS operating gadget, which gives the foundation for FortiGate safety functions, and FortiASIC built-in circuit, which is designed to speed up the processing of safety and networking capabilities. Our consumers may additionally also buy FortiGuard subscription functions to get hold of possibility intelligence updates. We provide usual technical assist throughout all of our items via our FortiCare help features. We also present capabilities to end-valued clientele including Technical Account Managers, Resident Engineers and knowledgeable service consultants for implementations, in addition to practising functions to our end-clients and channel companions. Fortinet protection textile-The Fortinet security material platform is an architectural approach that protects the entire digital assault surface, together with network core, endpoints, purposes, information facilities and personal and public cloud. at the side of our community of cloth-ready partners, the Fortinet security fabric platform makes it possible for disparate security gadgets to work together as an built-in, computerized and collaborative solution. Cloud safety-We support consumers connect securely to and across their cloud environments by using offering protection via our digital firewall and other application products in public and personal cloud environments. Our Cloud safety options, together with our client access security broker solution, FortiCASB, prolong the core capabilities of the Fortinet protection textile platform to provide organizations with the equal degree of cybersecurity and hazard intelligence in cloud environments that they get hold of on their physical networks. Fortinet cloud protection choices can be found throughout all primary cloud providers, including Amazon net services, Microsoft Azure, Google Cloud, Oracle Cloud and IBM Cloud. internet of issues and Operational know-how-The proliferation of web of issues ("IoT") and the digitization of Operational know-how ("OT") gadgets has generated new opportunities for us to grow our enterprise. With both IOT and OT, community-linked instruments are generating information that strikes between contraptions, across locations and in inner most and public cloud environments; these networks and gadgets require cybersecurity to make sure their defense and privateness. monetary Highlights We recorded complete earnings of $472.6 million all over the three months ended March 31, 2019, a rise of 18% in comparison to $399.0 million within the same duration closing 12 months. Product earnings become $162.7 million during the three months ended March 31, 2019, an increase of 14% in comparison to $142.8 million within the identical period closing yr. carrier earnings turned into $309.9 million right through the three months ended March 31, 2019, an increase of 21% compared to $256.2 million within the identical duration remaining yr. We generated operating earnings of $50.6 million all over the three months ended March 31, 2019, an increase of 56% compared to $32.4 million in the equal duration remaining yr. table of Contents cash, cash equivalents and investments were $1.eighty five billion as of March 31, 2019, an increase of $a hundred thirty five.four million, or 8%, from December 31, 2018. Deferred profits became $1.77 billion as of March 31, 2019, an increase of $79.0 million, or 5%, from December 31, 2018. We generated money flows from operating actions of $201.3 million all over the three months ended March 31, 2019, a rise of $61.6 million, or forty four%, compared to the identical length ultimate yr. right through the three months ended March 31, 2019, we repurchased 0.8 million shares of regular inventory under our Share Repurchase software (the "Repurchase program") for an aggregate purchase expense of $56.2 million. during the three months ended March 31, 2019, our earnings increase turned into pushed by means of each product and service revenue. On a geographic foundation, profits is still assorted globally, which continues to be a key power of our company. Product earnings grew 14% throughout the three months ended March 31, 2019 in comparison to the same length closing yr. FortiGate unit shipments expanded year-over-yr. earnings of non-FortiGate items, such because the Fortinet security fabric and cloud items, additionally grew in comparison to the equal duration remaining 12 months. service profits increase of 21% during the three months ended March 31, 2019 compared to the identical period final 12 months turned into driven via the strength of our FortiGuard and other safety subscription earnings, which grew 24% in comparison to the equal duration last 12 months, and FortiCare technical help and other provider salary, which grew 17% in comparison to the equal length ultimate yr. The percentage of our FortiGate-linked billings from entry-degree products lowered from 36% right through the three months ended March 31, 2018 to 34% all over the three months ended March 31, 2019. The percentage of our FortiGate-linked billings from mid-range items improved from 31% all the way through the three months ended March 31, 2018 to 34% all the way through the three months ended March 31, 2019. The percentage of our FortiGate-linked billings from high-end products lowered from 33% all through the three months ended March 31, 2018 to 32% right through the three months ended March 31, 2019. all over the three months ended March 31, 2019, working expenses as a percent of earnings diminished by way of three percentage points in comparison to the identical length ultimate 12 months. Headcount expanded by means of 3% to six,015 employees and contractors as of March 31, 2019, up from 5,845 as of December 31, 2018. business model Our sales approach is in accordance with a two-tier distribution model. We promote to distributors that sell to networking safety and commercial enterprise-focused resellers and repair suppliers, who in turn sell to our conclusion-purchasers. In certain instances, we promote at once to massive provider suppliers and fundamental methods integrators. We additionally present our items across essential cloud suppliers, and have diagnosed on-demand salary from Amazon net features, Microsoft Azure and IBM Cloud from shoppers who installation our products at a cloud features issuer in a convey-your-personal-license ("BYOL") such as from Amazon web features, Microsoft Azure, Google Cloud and Oracle Cloud. In a BYOL association, a consumer purchases a perpetual license from us via our channel partners and deploys the utility in a cloud provider's ambiance. in a similar way, consumers may additionally purchase this kind of license from us and installation in their private cloud. whereas the revenue from such sales is still fantastically insignificant, it has extended compared to the same period ultimate 12 months on a percentage foundation. typically, our consumers purchase our hardware products and software licenses, as well as our FortiGuard security subscription and FortiCare technical assist features. We commonly bill on the time of our sale for the full cost of the products and security and technical guide features. The invoice is typically payable within 30 to forty five days. We additionally bill certain features on a monthly groundwork. Our safety Processing Unit ("SPU") hardware structure is a crucial part of our method to network security. The SPU comprises three strains of proprietary software-selected built-in Circuits ("ASICs"): the content material Processor, the network Processor and the equipment-on-a-Chip. The ASICs are designed for highly efficient execution of computationally intensive projects, together with coverage enforcement, possibility detection and encryption. As such, ASIC-based solutions can run many security applications concurrently without a major reduction in performance. Key Metrics We display screen a couple of key metrics, including the key economic metrics set forth beneath, in order to assist us evaluate boom trends, set up budgets, measure the effectiveness of our sales and advertising efforts, and examine operational efficiencies. right here desk summarizes revenue, deferred earnings, billings (non-GAAP), internet cash provided by means of operating desk of Contents actions, and free cash movement (non-GAAP). We focus on earnings under under "outcomes of Operations," and we discuss internet cash provided by working actions beneath under "-Liquidity and Capital elements." Deferred earnings, billings (non-GAAP), and free money circulate (non-GAAP) are mentioned instantly under here table: Three Months Ended Or As Of March 31, 2019 March 31, 2018 (in millions) income $ 472.6 $ 399.0 Deferred profits $ 1,765.eight $ 1,396.four Billings (non-GAAP) $ 551.6 $ 463.2 web cash supplied by operating activities $ 201.3 $ 139.7 Free money circulate (non-GAAP) $ 191.1 $ 128.1 Deferred revenue. Our deferred income carries amounts that have been invoiced but that haven't yet been identified as profits. the vast majority of our deferred income balance includes the unrecognized element of carrier income from FortiGuard security subscription and FortiCare technical help service contracts, which is recognized as earnings ratably over the contractual service length. We computer screen our deferred earnings steadiness, boom and the mixture of brief-term and lengthy-term deferred profits since it represents a significant portion of free money stream and of profits to be diagnosed in future periods. Deferred earnings was $1.77 billion as of March 31, 2019, a rise of $79.0 million, or 5%, from December 31, 2018. Billings (non-GAAP). We outline billings as income identified based on frequently permitted accounting principles in the u.s. ("GAAP") plus the trade in deferred revenue from the beginning to the conclusion of the duration and adjustments to the deferred profits balance due to adoption of the brand new revenue attention general much less any deferred revenue balances acquired from enterprise mixture(s) all over the length. We accept as true with billings to be a constructive metric for administration and traders as a result of billings force present and future salary, which is a crucial indicator of the fitness and viability of our company. There are a few barriers involving the use of billings as a substitute of GAAP income. First, billings encompass quantities that have not yet been identified as salary and are impacted by the time period of security and help agreements. second, we may additionally calculate billings in a fashion that's distinctive from peer groups that record equivalent economic measures. administration bills for these barriers via providing particular suggestions related to GAAP salary and evaluating billings along side GAAP earnings. total billings had been $551.6 million for the three months ended March 31, 2019, an increase of 19% compared to $463.2 million within the same length remaining yr. A reconciliation of revenue, probably the most directly related fiscal measure calculated and offered based on GAAP, to billings is supplied beneath: Three Months Ended March 31, 2019 March 31, 2018 (in hundreds of thousands) Billings: income $ 472.6 $ 399.0 Add: trade in deferred revenue seventy nine.0 60.1 Add: Deferred revenue adjustment as a result of adoption of the new revenue cognizance usual - 4.1 complete billings (non-GAAP) $ 551.6 $ 463.2 Free cash circulation (non-GAAP). We define free money circulation as net cash offered by way of working actions minus capital bills comparable to purchases of actual property and different property and equipment. We consider free cash stream to be a liquidity measure that offers positive guidance to management and buyers concerning the amount of cash generated through the company that, after capital costs, may also be used for strategic alternatives, together with repurchasing mind-blowing typical inventory, investing in our enterprise, making strategic acquisitions and strengthening the balance sheet. A challenge of using free money movement is that free money stream does not signify the full boost or reduce in the cash and cash equivalents balance for the period because it excludes cash flows from investing actions aside from capital fees and cash flows from financing activities. management money owed for this hassle by way of proposing counsel about our capital costs and other investing and financing actions on the face of the cash circulate commentary and under "-Liquidity and Capital supplies" and by means of featuring table of Contents cash flows from investing and financing actions in our reconciliation of free money flows. furthermore, it's crucial to observe that different corporations, including agencies in our trade, may not use free cash stream, may additionally calculate free money movement in a unique method than we do or might also use different economic measures to evaluate their efficiency, all of which might cut back the usefulness of free money move as a comparative measure. A reconciliation of net cash supplied by using working activities, probably the most directly related economic measure calculated and introduced in accordance with GAAP, to free money movement is provided below: Three Months Ended March 31, 2019 March 31, 2018 (in millions) Free money movement: internet money supplied through working activities $ 201.3 $ 139.7 less: Purchases of property and gadget (10.2 ) (eleven.6 ) Free cash flow (non-GAAP) $ 191.1 $ 128.1 internet money used in investing actions $ (39.0 ) $ (25.5 ) web cash utilized in financing activities $ (57.8 ) $ (89.6 ) important Accounting guidelines and Estimates Our dialogue and evaluation of our financial circumstance and consequences of operations are based upon our fiscal statements, which have been organized according to GAAP. These concepts require us to make estimates and judgments that have an effect on the said quantities of property, liabilities, revenue, charge of earnings and fees, and linked disclosures. We base our estimates on ancient journey and on various different assumptions that we believe to be most economical under the circumstances. To the extent that there are cloth differences between these estimates and our exact results, our future financial statements should be affected. there have been no fabric alterations to our important accounting guidelines and estimates as of and for the three months ended March 31, 2019, as compared to the essential accounting guidelines and estimates described in our Annual report on kind 10-okay filed with the SEC on February 27, 2019 (the "kind 10-k"). recent Accounting Pronouncements See be aware 1 of the notes to condensed consolidated economic statements covered in part I, merchandise 1 of this Quarterly report on form 10-Q for assistance involving fresh accounting pronouncements. desk of Contents outcomes of Operations Three Months Ended March 31, 2019 and March 31, 2018 income Three Months Ended March 31, March 31, 2019 2018 % of % of amount revenue volume earnings trade % trade (in hundreds of thousands, apart from percentages) profits: Product $ 162.7 34 % $ 142.eight 36 % $ 19.9 14 % provider 309.9 sixty six 256.2 64 fifty three.7 21 total salary $ 472.6 one hundred % $ 399.0 a hundred % $ seventy three.6 18 % salary by way of geography: Americas $ 200.5 42 % $ one hundred seventy five.eight forty four % $ 24.7 14 % Europe, center East and Africa ("EMEA") 177.2 38 144.5 36 32.7 23 Asia Pacific ("APAC") ninety four.9 20 seventy eight.7 20 16.2 21 total revenue $ 472.6 100 % $ 399.0 100 % $ seventy three.6 18 % complete revenue multiplied by $seventy three.6 million, or 18%, during the three months ended March 31, 2019 in comparison to the identical period final year. We persisted to journey diversification of revenue globally. profits from all regions grew, with EMEA and APAC contributing the biggest component of our salary boom on a percent groundwork. Product profits elevated by $19.9 million, or 14%, right through the three months ended March 31, 2019 in comparison to the same duration final 12 months. We skilled salary growth throughout a few of our hardware and software products, together with FortiGate home equipment, for which unit shipments elevated year-over-year. carrier income extended by way of $53.7 million, or 21%, all over the three months ended March 31, 2019 in comparison to the equal period last yr. The enhance in carrier revenue changed into essentially as a result of the awareness of revenue from our transforming into deferred earnings stability such as FortiGuard protection subscription and FortiCare technical help and other contracts offered to a larger customer base, as neatly as the renewals of equivalent contracts offered in the quarter and previous periods. cost of profits and gross margin Three Months Ended March 31, March 31, 2019 2018 change % trade (in millions, apart from percentages) cost of profits: Product $ 70.2 $ 58.2 $ 12.0 21 % provider 42.8 39.0 3.8 10 total cost of revenue $ 113.0 $ 97.2 $ 15.8 sixteen % Gross margin (%): Product fifty six.9 % 59.2 % service 86.2 84.eight complete gross margin 76.1 % 75.6 % total gross margin elevated by means of 0.5 percent features all the way through the three months ended March 31, 2019 compared to the equal duration closing year, pushed with the aid of bigger carrier revenue, which has an improved margin than product profits. provider gross margin extended by way of 1.4 percent features all over the three months ended March 31, 2019 compared to the identical period final yr, as our desk of Contents FortiGuard safety subscription and FortiCare technical aid and other provider earnings grew 24% and 17%, respectively, during the three months ended March 31, 2019 in comparison to the identical period remaining yr, which outpaced the increase in the related personnel prices and headcount increase, leading to an improved margin. charge of service earnings become comprised primarily of personnel costs. Product gross margin lowered via 2.3 percentage features right through the three months ended March 31, 2019 compared to the identical period remaining yr. total can charge of product earnings became comprised basically of direct and oblique cost of items offered, inventory reserves and different charges. working charges Three Months Ended March 31, March 31, 2019 2018 % of % of amount salary amount profits change % alternate (in thousands and thousands, apart from percentages) working prices: analysis and construction $ 68.6 14% $ 59.1 15 % $ 9.5 16 % earnings and advertising 215.9 46 185.3 forty six 30.6 17 everyday and administrative 24.5 5 25.0 6 (0.5 ) (2 ) complete working prices $ 309.0 65% $ 269.four 68 % $ 39.6 15 % research and building research and construction expense increased by means of $9.5 million, or 16%, all the way through the three months ended March 31, 2019 compared to the same period closing 12 months, primarily because of a rise of $7.1 million in personnel-connected costs on account of accelerated headcount to guide the development of new items and continued enhancements of our present items. We intend to proceed to put money into our research and building company, and expect analysis and building fee to increase in absolute dollars throughout the the rest of 2019. sales and advertising income and advertising rate improved with the aid of $30.6 million, or 17%, during the three months ended March 31, 2019 in comparison to the identical duration final 12 months, primarily because of a rise of $22.1 million in personnel-connected expenses, including better stock-primarily based compensation cost of $4.5 million, as earnings and advertising headcount elevated with a purpose to pressure market share features globally. We intend to proceed to make investments in our revenue resources and infrastructure and advertising method, which can be vital to guide increase, and are expecting revenue and marketing cost to raise in absolute greenbacks all through the the rest of 2019. universal and administrative normal and administrative fee decreased by means of $0.5 million, or 2%, throughout the three months ended March 31, 2019 compared to the identical period remaining 12 months, primarily as a result of a decrease of $2.6 million in expert services charge. The . . . may also 08, 2019 (c) 1995-2019 Cybernet statistics systems, Inc. All Rights Reserved While it is hard errand to pick solid certification questions/answers assets regarding review, reputation and validity since individuals get sham because of picking incorrectly benefit. Killexams.com ensure to serve its customers best to its assets as for exam dumps update and validity. 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