- $FTNT (-3,08 %) (NASDAQ:FTNT) reported fourth-quarter earnings per share of $0.74, beating analysts' estimates of $0.61.
- Revenue for the quarter was $1.66 billion, above the consensus estimate of $1.59 billion.
Forecast 2025
- For the first quarter of 2025, Fortinet forecasts earnings per share of USD 0.52 to USD 0.54, compared to analyst estimates of USD 0.53.
- The company expects revenue to be between USD 1.5 billion and USD 1.56 billion, which is above analyst estimates of USD 1.53 billion.
- For the full year 2025, Fortinet projects earnings per share between USD 2.41 and USD 2.47, in line with Wall Street estimates of USD 2.42.
- Fortinet expects annual revenue to be between USD 6.65 billion and USD 6.85 billion, slightly above the expectation of USD 6.63 billion.
- Fortinet reported an adjusted operating margin of 39% for the quarter, while operating margin was 35%.