CLAIM #67301 · Fortinet Inc (FTNT) · 2022Q3 earnings call · Nov 2, 2022 · due Nov 2, 2023
“I don't anticipate seeing deal sizes shrink; as we move further into the enterprise segment, we expect average deal sizes to grow.”
Keith Jensen · CFO
PENDING
graded after results covering Nov 2, 2023 are reported
In context
“Keith Jensen (Chief Financial Officer): I don't anticipate seeing deal sizes shrink; as we move further into the enterprise segment, we expect average deal sizes to grow. The concern is more about corporate America and the rest of the world going through budgeting cycles, considering what they plan for 2022’s end and 2023. Now isn’t the optimal time for significant budget flush in Q4; if it develops, that would be fantastic, but caution seems more appropriate here.”
Verify independently
SEC filings for FTNT ↗ · Claim quote is verbatim from the 2022Q3 earnings call.