Investing.com -- Fortinet Inc (NASDAQ:FTNT) reported fourth-quarter earnings that topped Wall Street estimates with company posted per share earnings of $0.74, versus analysts’ expectations of $0.61. Revenue for the quarter came in at $1.66 billion, above the consensus estimate of $1.59 billion. Shares of Fortinet were were up more than 8% in after-hours trading.
For the first quarter of 2025, Fortinet forecast EPS of $0.52 to $0.54, compared with analysts' expectations of $0.53. The company expects revenue in the range of $1.5 billion to $1.56 billion, versus the consensus estimate of $1.53 billion.
For the full year 2025, Fortinet projected EPS between $2.41 and $2.47, in line with Wall Street’s estimate of $2.42. It expects annual revenue between $6.65 billion and $6.85 billion, slightly above the consensus of $6.63 billion.
Fortinet reported an adjusted operating margin of 39% for the quarter, while its operating margin stood at 35%.
This content was originally published on Investing.com
