Fortinet, Inc. (NASDAQ:FTNT ) Q1 2025 Earnings Conference Call May 7, 2025 4:30 PM ET Company Participants Aaron Ovadia - Senior Director of Investor Relations Ken Xie - Founder, Chairman and CEO Keith Jensen - CFO Christiane Ohlgart - CAO and Sales Operations Leader John Whittle - COO Conference Call Participants Brian Essex - JP Morgan Tal Liani - Bank of America Gabriela Borges - Goldman Sachs Keith Weiss - Morgan Stanley Shaul Eyal - TD Cowen Rob Owens - Piper Sandler Saket Kalia - Barclays Patrick Colville - Scotiabank Shrenik Kothari - Baird Brad Zelnick - Deutsche Bank Junaid Siddiqui - Truist Keith Bachman - BMO Operator Hello and welcome to Fortinet 's First Quarter 2025 Earnings Conference Call. At this time, all participants are in a listen only mode.
The headline numbers for Fortinet (FTNT) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Fortinet (FTNT) came out with quarterly earnings of $0.58 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.43 per share a year ago.
Fortinet (FTNT) is a leader in cybersecurity, excelling in firewall units and rapidly growing in the SASE market, making it a strong buy. FTNT's robust financial performance includes a 400% gain over 5 years, 12% YTD, and significant growth in revenue and profitability. The company's diversified customer base and geographic reach, along with strong technical indicators, bolster its investment appeal.
As Fortinet gears up to post its Q1 earnings, investors should hold their positions for now, given unattractive valuations and intensifying competition.
Fortinet (FTNT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Get a deeper insight into the potential performance of Fortinet (FTNT) for the quarter ended March 2025 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Despite FTNT's solid growth, competitive pressures and macro headwinds suggest investors may benefit from awaiting a more attractive entry point in 2025.
Fortinet (FTNT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
As digital transformation speeds up and cyber threats intensify, cybersecurity stocks are poised to deliver market-beating returns.
Recently, Zacks.com users have been paying close attention to Fortinet (FTNT). This makes it worthwhile to examine what the stock has in store.
Fortinet (FTNT) closed the most recent trading day at $96.13, moving +0.06% from the previous trading session.