Investing.com - Fortinet (NASDAQ: FTNT) reported third quarter EPS of $0.41, $0.05 better than the analyst estimate of $0.36. Revenue for the quarter came in at $1.33B versus the consensus estimate of $1.35B.
Guidance
Fortinet sees Q4 2023 EPS of $0.42-$0.44 versus the analyst consensus of $0.42.
Fortinet sees Q4 2023 revenue of $1.38B-$1.44B versus the analyst consensus of $1.50B.
Fortinet sees FY 2023 EPS of $1.54-$1.56 versus the analyst consensus of $1.51.
Fortinet sees FY 2023 revenue of $5.27B-$5.33B versus the analyst consensus of $5.40B.
Fortinet's stock price closed at $57.59. It is up 1.44% in the last 3 months and up 25.39% in the last 12 months.
Fortinet saw 12 positive EPS revisions and 10 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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