BRIEF-Fortinet Q1 Adjusted EPS USD 0.58 Vs. IBES Estimate USD 0.53

Reuters
08 May
BRIEF-Fortinet Q1 Adjusted EPS USD 0.58 Vs. IBES Estimate USD 0.53

May 07 (Reuters) - Fortinet Q1 revenue USD 1,540 million vs. IBES estimate USD 1,540 million.

  • Q1 adjusted operating margin 34%
  • Q1 billings USD 1,600 million
  • Q1 EPS USD 0.56
  • outlook Q2 revenue USD 1,590-1,650 million
  • outlook Q2 adjusted gross margin 80-81%
  • outlook Q2 adjusted operating margin 31.5-32.5%
  • outlook FY billings USD 7,200-7,400 million
  • outlook Q2 billings USD 1,685-1,765 million
  • outlook FY revenue USD 6,650-6,850 million
  • outlook FY adjusted gross margin 79-81%
  • outlook FY adjusted operating margin 31.5-33.5%

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10