Fortinet's (FTNT) CEO Ken Xie on Q2 2019 Results - Earnings Call Transcript

Aug. 02, 2019 9:35 AM ETFortinet, Inc. (FTNT) Stock
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Q2: 2019-08-01 Earnings Summary

10-Q
EPS of $0.12 beats by $0.02 | Revenue of $521.70M (18.22% Y/Y) beats by $10.32M

Fortinet, Inc. (NASDAQ:FTNT) Q2 2019 Earnings Conference Call August 1, 2019 4:30 PM ET

Company Participants

Peter Salkowski – Vice President-Investor Relations
Ken Xie – Founder, Chairman and Chief Executive Officer
Keith Jensen – Chief Financial Officer

Conference Call Participants

Shaul Eyal – Oppenheimer
Sterling Auty – JPMorgan
Brad Zelnick – Credit Suisse
Andrew Nowinski – Piper Jaffray
Jonathan Ho – William Blair
Saket Kalia – Barclays
Keith Bachman – Bank of Montréal
Dan Bartus – Bank of America Merrill Lynch
Katherine McCracken – UBS
Eric Heath – Raymond James
Hamza Fodderwala – Morgan Stanley
Dan Ives – Wedbush Securities
Patrick Colville – Arete Research
Gray Powell – Deutsche Bank
Ken Talanian – Evercore ISI
Taz Koujalgi – Guggenheim Partners

Operator

Good day, ladies and gentlemen, and welcome to the Fortinet Q2 2019 Earnings Announcement. [Operator Instructions] As a reminder, this conference call may be recorded.

I would now like to introduce your host for today’s conference, Mr. Peter Salkowski, Vice President of Investor Relations. Sir, you may begin.

Peter Salkowski

Thank you, Crystal. Good afternoon, everyone. This is Peter Salkowski, Vice President of Investor Relations at Fortinet. I’m pleased to welcome everyone to our call to discuss Fortinet’s financial results for the second quarter of 2019.

Speakers on today’s call are Ken Xie, Fortinet’s Founder, Chairman and CEO; and Keith Jensen, CFO. This is a live call that will be available for replay via webcast on our Investor Relations website. Ken will begin our call today by providing a high level perspective on our business, Keith will then review our financial and operating results and conclude by providing our guidance for the third quarter of 2019 and he will provide an update for the full year guidance before opening up the call for questions. [Operator Instructions]

Before we begin, I’d

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