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Fortinet (FTNT) International Revenue Performance Explored
ZACKSยท 2025-08-11 14:15
Core Insights - Fortinet's international operations are crucial for assessing its financial resilience and growth prospects, especially in the context of a global economic landscape [1][2] Group 1: International Revenue Performance - Fortinet's total revenue for the quarter reached $1.63 billion, reflecting a 13.6% increase year-over-year [4] - Revenue from Europe, the Middle East, and Africa (EMEA) was $667.1 million, accounting for 40.9% of total revenue, surpassing analyst expectations of $648.03 million [5] - Asia Pacific and Japan contributed $304.1 million, or 18.7% of total revenue, which was below the consensus estimate of $311.61 million [6] Group 2: Revenue Forecasts - Analysts project Fortinet's total revenue for the current fiscal quarter to be $1.7 billion, indicating a 13% increase from the previous year [7] - For the full year, total revenue is expected to reach $6.75 billion, reflecting a 13.3% increase, with EMEA and Asia Pacific and Japan expected to contribute $2.72 billion and $1.27 billion, respectively [8] Group 3: Market Dynamics - The reliance on international markets presents both opportunities and challenges for Fortinet, making the analysis of international revenue trends essential for future forecasts [9] - Analysts are closely monitoring these trends due to increasing international interdependencies and geopolitical conflicts, which can impact earnings forecasts [10]