Investing.com - Fortinet (NASDAQ: FTNT) reported second quarter EPS of $0.57, $0.16 better than the analyst estimate of $0.41. Revenue for the quarter came in at $1.43B versus the consensus estimate of $1.4B.
Guidance
Fortinet sees Q3 2024 EPS of $0.56-$0.58 versus the analyst consensus of $0.43.
Fortinet sees Q3 2024 revenue of $1.45B-$1.51B versus the analyst consensus of $1.47B.
Fortinet sees FY 2024 EPS of $2.13-$2.19 versus the analyst consensus of $1.76.
Fortinet sees FY 2024 revenue of $5.80B-$5.90B versus the analyst consensus of $5.79B.
Fortinet's stock price closed at $55.81. It is down -4.04% in the last 3 months and down -3.29% in the last 12 months.
Fortinet saw 24 positive EPS revisions and 2 negative EPS revisions in the last 90 days. See Fortinet's stock price’s past reactions to earnings here.
According to InvestingPro, Fortinet's Financial Health score is "great performance".
Check out Fortinet's recent earnings performance, and Fortinet's financials here.
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