Fortinet (FTNT) Tops Q1 EPS by 5c, Offers Guidance

Fortinet (NASDAQ: FTNT) reported Q1 EPS of $0.43, $0.05 better than the analyst estimate of $0.38. Revenue for the quarter came in at $1.35 billion versus the consensus estimate of $1.34 billion.

GUIDANCE:

Fortinet sees Q2 2024 EPS of $0.39-$0.41, versus the consensus of $0.39. Fortinet sees Q2 2024 revenue of $1.375-1.435 billion, versus the consensus of $1.39 billion.

Fortinet sees FY2024 EPS of $1.73-$1.79, versus the consensus of $1.71. Fortinet sees FY2024 revenue of $5.745-5.845 billion, versus the consensus of $5.78 billion.

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

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