Seeking Alpha

Fortinet (FTNT) guides on its Q1 earnings call for Q2 revenue of $123M-$127M and EPS of $0.12...

Fortinet (FTNT) guides on its Q1 earnings call for Q2 revenue of $123M-$127M and EPS of $0.12 (consensus of $123.9M and $0.12), and 2012 revenue of $515M-$530M and EPS of $0.49-$0.53 (consensus of $516.9M and $0.52). Shares +5.9% AH, validating Nomura's upgrade earlier today. Q1 product revenue growth (+32% Y/Y) and billings growth (+28%) both exceeded total revenue growth (+26%). (PR)

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