Fortinet (FTNT) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
FTNTFortinet(FTNT) Zacks Investment Research·2024-02-07 10:30

Fortinet (FTNT) reported 1.42billioninrevenueforthequarterendedDecember2023,representingayearoveryearincreaseof10.31.42 billion in revenue for the quarter ended December 2023, representing a year- over-year increase of 10.3%. EPS of 0.51 for the same period compares to 0.44ayearago.ThereportedrevenuecomparestotheZacksConsensusEstimateof0.44 a year ago. The reported revenue compares to the Zacks Consensus Estimate of 1.41 billion, representing a surprise of +0.33%. The company delivered an EPS surprise of +18.60%, with the consensus EPS estimate being $0.43. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- an ...