Two cybersecurity firms are in focus this morning after their respective earnings reports.
Fortinet, Inc. (NASDAQ:FTNT ) Q4 2024 Earnings Conference Call February 6, 2025 4:30 PM ET Company Participants Aaron Ovadia - Director of Investor Relations Ken Xie - Founder, Chairman & Chief Executive Officer Keith Jensen - Chief Financial Officer John Whittle - Chief Operating Officer Christiane Ohlgart - Chief Accounting Officer & Sales Operations Leader Conference Call Participants Tal Liani - Bank of America Gabriela Borges - Goldman Sachs Brian Essex - JPMorgan Fatima Boolani - Citi Shaul Eyal - TD Cowen Rob Owens - Piper Sandler Eric Heath - KeyBanc Capital Markets Saket Kalia - Barclays Shrenik Kothari - Baird Junaid Siddiqui - Truist Securities Joseph Gallo - Jefferies Ittai Kidron - Oppenheimer & Co. Operator Good day and thank you for standing by. Welcome to the Fortinet Fourth Quarter 2024 Earnings Announcement Conference Call.
Although the revenue and EPS for Fortinet (FTNT) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Fortinet (FTNT) came out with quarterly earnings of $0.74 per share, beating the Zacks Consensus Estimate of $0.60 per share. This compares to earnings of $0.51 per share a year ago.
Fortinet stock popped on Q4 earnings that topped Wall Street estimates while 2025 revenue guidance came in well above views. The post Fortinet Earnings, Revenue Top Estimates.
Cybersecurity solutions provider Fortinet (FTNT -0.33%) reported fourth-quarter and full-year 2024 earnings on Thursday, Feb. 6, that showed significant growth across key financial metrics. The company delivered adjusted earnings per share (EPS) of $0.74, surpassing analyst expectations and marking a 45% year-over-year increase.
Fortinet (FTNT) traded higher in its postmarket earnings beat. George Tsilis joins Caroline Woods to discuss what's driving the cybersecurity stock higher and how it relates to its peers like Palo Alto Networks (PANW).
Fortinet forecast its full-year revenue above Wall Street estimates on Thursday, as clients turn to its cybersecurity products to protect their digital operations from rising online threats.
Fortinet Inc FTNT will be reporting its fourth-quarter earnings on Thursday. Wall Street expects 61 cents in EPS and $1.59 billion in revenues as the company reports after market hours.
FTNT's Q4 2024 earnings are likely to have been aided by the steady growth of Security Fabric, cloud and SD-WAN offerings, making it worth buying for investors.
Beyond analysts' top -and-bottom-line estimates for Fortinet (FTNT), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.
Fortinet (FTNT) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.