Fortinet, Inc. (FTNT) CEO Ken Xie on Q2 2022 Results - Earnings Call Transcript

Fortinet, Inc. (NASDAQ:FTNT) Q2 2022 Results Conference Call August 3, 2022 4:30 PM ET

Company Participants

Peter Salkowski - VP, IR

Ken Xie - Founder, Chairman and CEO

Keith Jensen - CFO

Conference Call Participants

Brian Essex - Goldman Sachs

Fatima Boolani - Citibank

Adam Borg - Stifel

Saket Kalia - Barclays

Adam Tindle - Raymond James

Michael Turits - KeyBanc

Keith Bachman - BMO

Shaul Eyal - Cowen

Hamza Fodderwala - Morgan Stanley

Gray Powell - BTIG

John Weidemoyer - William Blair

Gregg Moskowitz - Mizuho

Andrew Nowinski - Wells Fargo

Roger Boyd - UBS

Operator

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

I would now like to hand the conference over to your speaker today, Peter Salkowski. Please go ahead.

Peter Salkowski

Thank you, Hope. 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 2022.

Speakers on today’s call are Ken Xie, Fortinet’s Founder, Chairman and CEO; and Keith Jensen, our Chief Financial Officer. 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 operating results for the second quarter before providing guidance for the third quarter, updating the full year. We’ll then open the call for questions. During the Q&A, we ask that you please limit yourself to one question and one follow-up question to allow for 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.