Fortinet (FTNT) Offers Q2, FY12 Outlook on Conference Call

April 24, 2012 6:18 PM EDT
On its Q1 call, Fortinet (Nasdaq: FTNT) said it is looking for Q2 adj-EPS of about 12 cents on sales of $123-$127 million. The Street is expecting Q2 EPS of 12 cents on sales of $123.9 million.

Sees FY12 sales of $515-$530 million, vs. the consensus of $516.94 million. Raised EPS outlook from 48-52 cents to 49-53 cents, which compares to the Street estimate of 52 cents.


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Conference Calls, Guidance