FORTINET, a global leader in high performance cyber security solutions, on Wednesday said that total revenue in the third quarter this year reached $316.6 million, an increase of 22 percent compared to $260.1 million in the same quarter of 2015 driven by an increase in its customer base.

“While our third-quarter results were impacted by a moderated spending environment, extended sales cycles and sales execution challenges, we continued to outgrow the market as well as add 9,000 new customers,” Ken Xie, founder, chairman and chief executive officer, said.

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