Fortinet Reports Q3 Earnings Beat with $2.08 Billion in Revenue
Fortinet (FTNT) reported third-quarter financial results that exceeded analyst expectations, posting a Non-GAAP earnings per share of $0.91 and revenue of $2.08 billion. The revenue figure represents a 20.9% increase year-over-year and surpassed consensus estimates by approximately $20 million. Looking ahead to the fourth quarter, Fortinet provided revenue guidance in the range of $2.155 billion to $2.245 billion. This outlook is largely in line with market expectations, as the midpoint aligns closely with the consensus estimate of $2.16 billion.
Tickers: $FTNT