Fortinet Reports Fourth Quarter and Full Year 2018 Financial Results

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Go back to Fortinet Reports Fourth Quarter and Full Year 2018 Financial Results

Fortinet (FTNT) PT Raised to $97 at Oppenheimer

February 7, 2019 7:18 AM EST

Oppenheimer analyst Shaul Eyal raised the price target on Fortinet (NASDAQ: FTNT) to $97.00 (from $88.00) while maintaining a Outperform rating.

Eyal commented, "Consistent with our checks FTNT reported healthy 4Q results that exceeded on all major financial metrics (revenue: +22% y/y, margins, EPS, billings).... More

Fortinet (FTNT) PT Raised to $85 at RBC Capital

February 7, 2019 6:36 AM EST

RBC Capital analyst Dan Bergstrom raised the price target on Fortinet (NASDAQ: FTNT) to $85.00 (from $76.00) while maintaining a Sector Perform rating.

... More

Fortinet (FTNT) Tops Q4 EPS by 7c, Offers Q1 and FY Guidance

February 6, 2019 4:22 PM EST

Fortinet (NASDAQ: FTNT) reported Q4 EPS of $0.59, $0.07 better than the analyst estimate of $0.52. Revenue for the quarter came in at $507 million versus the consensus estimate of $496.35 million.

GUIDANCE:

Fortinet sees Q1 2019 EPS of $0.37-$0.39, versus the consensus of $0.41. Fortinet sees... More