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

Fortinet (NASDAQ: FTNT) reported Q1 EPS of $0.81, $0.07 better than the analyst estimate of $0.74. Revenue for the quarter came in at $710.3 million versus the consensus estimate of $681.32 million.

GUIDANCE:

Fortinet sees Q2 2021 EPS of $0.83-$0.88, versus the consensus of $0.90. Fortinet sees Q2 2021 revenue of $733-747 million, versus the consensus of $733.9 million.

Fortinet sees FY2021 EPS of $3.65-$3.80, versus the consensus of $3.72. Fortinet sees FY2021 revenue of $3.08-3.13 billion, versus the consensus of $3.06 billion.

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

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