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BRIEF-Fortinet Reports Fourth Quarter Results

· 02/04/2021 17:54
BRIEF-Fortinet Reports Fourth Quarter Results

- Fortinet Inc FTNT.O:

  • FORTINET REPORTS FOURTH QUARTER AND FULL YEAR 2020 FINANCIAL RESULTS

  • Q4 NON-GAAP EARNINGS PER SHARE $1.06

  • Q4 GAAP EARNINGS PER SHARE $0.89

  • Q4 REVENUE $748 MILLION VERSUS REFINITIV IBES ESTIMATE OF $722.4 MILLION

  • SEES Q1 NON-GAAP EARNINGS PER SHARE $0.70 TO $0.75

  • SEES FY 2021 NON-GAAP EARNINGS PER SHARE $3.60 TO $3.75

  • SEES Q1 REVENUE $670 MILLION TO $685 MILLION

  • SEES FY 2021 REVENUE $3.025 BILLION TO $3.075 BILLION

  • Q4 EARNINGS PER SHARE ESTIMATE $0.97 -- REFINITIV IBES DATA

  • QTRLY BILLINGS OF $960.9 MILLION, UP 20% YEAR OVER YEAR

Source text for Eikon: ID:nGNX6n3lrD

Further company coverage: FTNT.O


((Reuters.Briefs@thomsonreuters.com;))