Fortinet (FTNT) Tops Q1 EPS by 9c; Guides Above

Fortinet (NASDAQ: FTNT) reported Q1 EPS of $0.33, $0.09 better than the analyst estimate of $0.24. Revenue for the quarter came in at $399 million versus the consensus estimate of $390.36 million.

GUIDANCE:

Fortinet sees Q2 2018 EPS of $0.34-$0.36, versus the consensus of $0.34. Fortinet sees Q2 2018 revenue of $420-430 million, versus the consensus of $415.23 million.

Fortinet sees FY2018 EPS of $1.51-$1.55, versus the consensus of $1.42. Fortinet sees FY2018 revenue of $1.715-1.736 million, versus the consensus of $1.71 million.

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

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