Benzinga | Nov 5, 2021 09:31AM EDT

Fortinet: Q3 Earnings Insights

Fortinet (NASDAQ:FTNT) reported its Q3 earnings results on Thursday, November 4, 2021 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Fortinet their estimated earnings by 5.32%, reporting an EPS of $0.99 versus an estimate of $0.94, which did not surprise analysts.

Revenue was up $216,100,000 from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.07, which was followed by a 0.72% drop in the share price the next day.

Here's a look at Fortinet's past performance:



Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020EPS Estimate 0.88 0.74 0.97 0.78EPS Actual 0.95 0.81 1.06 0.88Revenue Estimate 743.65M 681.32M 722.36M 639.02MRevenue Actual 801.10M 710.30M 748.00M 651.10M

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