Fortinet Q1 Adj. EPS $0.82 Beats $0.62 Estimate, Sales $1.850B Beat $1.732B Estimate

Fortinet, Inc.

Fortinet, Inc.

FTNT

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Fortinet (NASDAQ: FTNT) reported quarterly earnings of $0.82 per share which beat the analyst consensus estimate of $0.62 by 32.26 percent. This is a 41.38 percent increase over earnings of $0.58 per share from the same period last year. The company reported quarterly sales of $1.850 billion which beat the analyst consensus estimate of $1.732 billion by 6.80 percent. This is a 20.15 percent increase over sales of $1.540 billion the same period last year.