Fortinet (FTNT) Tops Q4 EPS by 8c, Offers Guidance

Fortinet (NASDAQ: FTNT) reported Q4 EPS of $0.51, $0.08 better than the analyst estimate of $0.43. Revenue for the quarter came in at $1.42 billion versus the consensus estimate of $1.41 billion.

GUIDANCE:

Fortinet sees Q1 2024 EPS of $0.37-$0.39, versus the consensus of $0.37. Fortinet sees Q1 2024 revenue of $1.3-1.36 billion, versus the consensus of $1.37 billion.

Fortinet sees FY2024 EPS of $1.65-$1.70, versus the consensus of $1.67. Fortinet sees FY2024 revenue of $5.715-5.815 billion, versus the consensus of $5.93 billion.

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

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