Fortinet FTNT reported its Q2 earnings results on Wednesday, August 3, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Fortinet beat estimated earnings by 9.09%, reporting an EPS of $0.24 versus an estimate of $0.22.
Revenue was up $228.90 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03 which was followed by a 0.99% drop in the share price the next day.
Here's a look at Fortinet's past performance:
Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
---|---|---|---|---|
EPS Estimate | 0.16 | 0.23 | 0.19 | 0.18 |
EPS Actual | 0.19 | 0.25 | 0.20 | 0.19 |
Revenue Estimate | 884.17M | 960.46M | 811.13M | 743.65M |
Revenue Actual | 954.80M | 963.60M | 867.20M | 801.10M |
To track all earnings releases for Fortinet visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.