Fortinet (FTNT) Tops Q2 EPS by 5c; Raises Outlook

Fortinet (NASDAQ: FTNT) reported Q2 EPS of $0.41, $0.05 better than the analyst estimate of $0.36. Revenue for the quarter came in at $441.3 million versus the consensus estimate of $425.52 million.

GUIDANCE:

Fortinet sees Q3 2018 EPS of $0.41-$0.43, versus the consensus of $0.39. Fortinet sees Q3 2018 revenue of $445-455 million, versus the consensus of $431 million.

Fortinet sees FY2018 EPS of $1.63-$1.67, versus the consensus of $1.54. Fortinet sees FY2018 revenue of $1.77-1.79 billion, versus the consensus of $1.73 billion.

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

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