Fortinet (FTNT) Tops Q1 EPS by 7c, Offers Q2 and FY Guidance

Fortinet (NASDAQ: FTNT) reported Q1 EPS of $0.46, $0.07 better than the analyst estimate of $0.39. Revenue for the quarter came in at $472.6 million versus the consensus estimate of $471.79 million.

GUIDANCE:

Fortinet sees Q2 2019 EPS of $0.49-$0.51, versus the consensus of $0.50. Fortinet sees Q2 2019 revenue of $505-515 million, versus the consensus of $510.8 million.

Fortinet sees FY2019 EPS of $2.10-$2.15, versus the consensus of $2.08. Fortinet sees FY2019 revenue of $2.07-2.1 billion, versus the consensus of $2.09 billion.

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

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