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Sunnyvale, California-based Fortinet, Inc. (FTNT) provides network security appliances and unified threat management network security solutions to enterprises, service providers, and government entities. With a market cap of $45.5 billion, Fortinet operations span various countries in North America, Latin America, EMEA, and Asia-Pacific. It is expected to announce its Q2 earnings after the market closes on Tuesday, Aug. 6.
Ahead of the event, analysts expect Fortinet to report a profit of $0.33 per share, up 6.5% from $0.31 per share reported in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in the past four quarters. Its EPS for the last reported quarter grew 25.8% annually to $0.39, exceeding the consensus estimates by 25.8%.
