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Barchart
Barchart
Aditya Sarawgi

Fortinet's Quarterly Earnings Preview: What You Need to Know

Sunnyvale, California-based Fortinet, Inc. (FTNT) provides cybersecurity and networking solutions worldwide. It offers network security appliances and unified threat management network security solutions to enterprises, service providers, and government entities. With a market cap of $65 billion, Fortinet’s operations span various countries in the Americas, EMEA, and the Indo-Pacific.

The cybersecurity giant is set to unveil its third-quarter results after the market closes on Wednesday, Nov. 5. Ahead of the event, analysts expect FTNT to report non-GAAP profit of $0.55 per share, down 1.8% from $0.56 per share reported in the year-ago quarter. On a positive note, the company has surpassed Wall Street’s earnings projections in each of the past four quarters by substantial margins.

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