Fortinet, Inc. (FTNT) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome to Fortinet's first quarter 2025 earnings conference call. At this time, all participants are in a listen-only mode. After the speaker's presentation, we will conduct a question and answer session. Please be advised that this call is being recorded. I would now like to hand the call over to Aaron Ovadia, Senior Director of Investor Relations. Please go ahead. Thank you and good afternoon, everyone. This is Aaron Ovadia, Senior Director of Investor Relations at Fortinet. I am pleased to welcome everyone to our call to discuss Fortinet's financial results for the first quarter of 2025. Joining me on today's call are Ken Zee, Fortinet's founder, chairman, and CEO, Keith Jensen, our CFO, Christiana Olgaard, our CAO and sales operations leader, and John Whittle, our COO. As a reminder, Keith will be stepping down from the CFO role on May 15th, and Christiana will take over as our next CFO. Ken will begin our call today by providing a high-level perspective on our business. Keith will then review our financial results for the first quarter of 2025, and Christiana will provide a forward-looking view, including guidance for the second quarter and updating the full year. We will then open the call for questions. During the Q&A session, we ask that you please limit 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 state...