Fortinet (FTNT) Tops Q4 EPS by 6c, Offers Guidance

Fortinet (NASDAQ: FTNT) reported Q4 EPS of $0.76, $0.06 better than the analyst estimate of $0.70. Revenue for the quarter came in at $614.4 million versus the consensus estimate of $602.57 million.

GUIDANCE:

Fortinet sees Q1 2020 EPS of $0.50-$0.52, versus the consensus of $0.55. Fortinet sees Q1 2020 revenue of $555-565 million, versus the consensus of $556.5 million.

Fortinet sees FY2020 EPS of $2.70-$2.73, versus the consensus of $2.72. Fortinet sees FY2020 revenue of $2.525-2.555 billion, versus the consensus of $2.47 billion.

For earnings history and earnings-related data on Fortinet (FTNT) click here.

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