Fortinet beats Q4 estimates with 45.1% EPS growth. Strong margins, SASE expansion and AI security drive a positive 2025 outlook.
Explore how Fortinet's (FTNT) revenue from international markets is changing and the resulting impact on Wall Street's predictions and the stock's prospects.
FTNT's fourth-quarter results reflect strength in demand from large enterprise customers and growth in the company's security subscriptions.
Cybersecurity firm Fortinet, Inc FTNT released its upbeat fourth-quarter print on Thursday.
As of Feb. 7, 2025, two stocks in the information technology sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
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).