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Fortinet Inc Raises Low End Of Prior FY 2013 Revenue Outlook; Reaffirms FY 2013 EPS Outlook; Issues Q4 2013 Outlook; EPS Outlook Below Analysts' Estimates - Conference Call


Wednesday, 23 Oct 2013 03:30am EDT 

Fortinet Inc announced that for fiscal 2013, it expects total revenue to be in the range of $600-$605 million and non-GAAP earnings per share (EPS) to be approximately $0.46-$0.47 per share. The Company's previous guidance for total revenue was in the range of $595-$605 million. For the fourth quarter of 2013, it expects total revenue to be in the range of $162-$167 million, and non-GAAP EPS to be approximately $0.13-$0.14 per share. According to I/B/E/S Estimates, analysts are expecting the Company to report revenues of $601 million and EPS of $0.47 for fiscal 2013; revenue of $167 million and EPS of $0.15 for fourth quarter of 2013. 

Company Quote

24.09
-0.145 -0.60%
10 Jul 2014