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Fortinet's CEO Discusses Q1 2012 Results - Earnings Call Transcript

Apr. 24, 2012 11:45 PM ETFortinet, Inc. (FTNT) Stock
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Fortinet Inc. (NASDAQ:FTNT) Q1 2012 Earnings Call April 24, 2012 4:30 PM ET

Executives

Ken Goldman - CFO
Ken Xie - Founder, President and CEO

Analysts

Michael Turitz - Raymond James
Keith Weiss - Morgan Stanley
Rich Sherlund - Nomura
Sterling Auty - JPMorgan
Walter Pritchard - Citi
Erik Suppiger - JMP Securities
Brent Thill - UBS
Robert Breza - RBC Capital Markets
Jonathan Ho - William Blair
Aaron Schwartz - Jefferies
Scott Zeller - Needham & Company
Jayson Noland - Robert Baird
Phil Rueppel - Wells Fargo Securities
Brian Freed - Wunderlich Securities

Operator

Good day, ladies and gentlemen and thank you for standing by and welcome to the Fortinet Q1 2012 earnings announcement conference call. (Operator Instructions) As a reminder, today's conference may be recorded.

And now I will turn the floor over to Ken Goldman. Sir, the floors is yours.

Ken Goldman

Great, thank you and good afternoon for all of you joining us for this conference call to discuss Fortinet’s financial and operating results for the first quarter of 2012. Joining me today are Ken Xie, Founder, President, and CEO; and Michelle Spolver, Vice President of Corporate Communications.

In terms of structure of the call, I will begin with a review of our operating results before I turn the call over to Ken to provide additional perspective of the performance of our business. I will then conclude with some thoughts on our outlook for the second quarter and full-year 2012 before we open up for the questions.

As a reminder today, again we are holding two calls. Following this call, we will hold a second conference call to provide an opportunity for financial analysts and investors to ask more detailed financial questions. Second call will begin at 03:30 PM Pacific Time and will also be webcast from our Investor Relations

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