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home / news releases / fortinet inc ftnt q1 2024 earnings call transcript


FTNT - Fortinet Inc. (FTNT) Q1 2024 Earnings Call Transcript

2024-05-02 18:19:08 ET

Fortinet, Inc. (FTNT)

Q1 2024 Earnings Conference Call

May 02, 2024 04:30 PM ET

Company Participants

Peter Salkowski - Peter Salkowski, Senior Vice President-Finance & Investor Relations

Ken Xie - Founder, Chairman & Chief Executive Officer

Keith Jensen - Chief Financial Officer

John Whittle - Chief Operating Officer

Conference Call Participants

Hamza Fodderwala - Morgan Stanley

Gabriela Borges - Goldman Sachs

Brian Essex - JPMorgan

Fatima Boolani - Citi

Tal Liani - Bank of America

Rob Owens - Piper Sandler

Saket Kalia - Barclays

Brad Zelnick - Deutsche Bank

Ben Bollin - Cleveland Research Company

Adam Borg - Stifel

Keith Bachman - BMO

Joseph Gallo - Jefferies

Presentation

Operator

Good day, and thank you for standing by. Welcome to the Fortinet 1Q 2024 Earnings Announcement Conference Call. At this time, all participants are in a listen-only mode. After the speakers’ presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today’s conference is being recorded.

I would now like to hand the conference over to our first speaker today, Peter Salkowski, Senior Vice President of Investor Relations. Please go ahead.

Peter Salkowski

Thank you, Brianna. Good afternoon, everyone. This is Peter Salkowski, Senior Vice President of Finance and Investor Relations at Fortinet. I am pleased to welcome everyone to our call to discuss Fortinet's financial results for the first quarter of 2024.

Joining me on today's call are Ken Xie, Fortinet's Founder, Chairman and CEO; Keith Jensen, our CFO; and John Whittle, our Chief Operating Officer. This is a live call that will be available for replay via webcast on our Investor Relations website.

Ken will bring our call today by providing a high-level perspective on our business. Keith will then review our financial and operating results for the first quarter of 2024 before providing guidance for the second quarter of 2024 and updating the full year. We'll then open the call for questions. During the Q&A session, we ask that you please be yourself to one question and one follow-up question to allow others to participate.

Before we begin, I'd like to remind everyone that on today's call, we will be making forward-looking statements, and these forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ materially from those projected. Please refer to our SEC filings, in particular, the risk factors in our most recent Form 10-K and Form 10-Q for more information. All forward-looking statements reflect our opinions only as of the date of this presentation, and we undertake no obligation and specifically disclaim any obligation to update forward-looking statements.

Also, all references to financial metrics, which we make on today's call are non-GAAP, unless stated otherwise. Our GAAP results and GAAP to non-GAAP reconciliations are located in our earnings press release and in the presentation that accompany today's remarks, both of which are posted on our Investor Relations website....

For further details see:

Fortinet, Inc. (FTNT) Q1 2024 Earnings Call Transcript
Stock Information

Company Name: Fortinet Inc.
Stock Symbol: FTNT
Market: NASDAQ
Website: fortinet.com

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