Fortinet (FTNT) to Report Q1 Earnings: What's in the Offing?

Fortinet (FTNT) is scheduled to report first-quarter 2024 results on May 2, after market close.The cybersecurity firm projects revenues between $1.3 billion and$1.36 billion. The Zacks Consensus Estimate for the same is pegged at $1.33 billion, suggesting year-over-year growth of 5.73%.The company forecasts first-quarter non-GAAP earnings in the range of 37-39 cents per share. The consensus mark is pegged at 38 cents per share, implying a rise of 11.76% from the year-ago figure of 34 cents.Fortinet’s earni ...