07.02.2023 23:10:37
|
Fortinet, Inc. Q4 Profit Increases, beats estimates
(RTTNews) - Fortinet, Inc. (FTNT) released earnings for its fourth quarter that increased from the same period last year and beat the Street estimates.
The company's earnings totaled $313.8 million, or $0.40 per share. This compares with $199.0 million, or $0.24 per share, in last year's fourth quarter.
Excluding items, Fortinet, Inc. reported adjusted earnings of $349.7 million or $0.44 per share for the period.
Analysts on average had expected the company to earn $0.39 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 32.8% to $1.28 billion from $963.6 million last year.
Fortinet, Inc. earnings at a glance (GAAP) :
-Earnings (Q4): $313.8 Mln. vs. $199.0 Mln. last year. -EPS (Q4): $0.40 vs. $0.24 last year. -Analyst Estimate: $0.39 -Revenue (Q4): $1.28 Bln vs. $963.6 Mln last year.
-Guidance: Next quarter EPS guidance: $0.27-$0.29 Next quarter revenue guidance: $1.180-$1.220 bln

Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!
Nachrichten zu Fortinet Incmehr Nachrichten
Analysen zu Fortinet Incmehr Analysen
Aktien in diesem Artikel
Fortinet Inc | 90,37 | 0,12% |
|