CLAIM #67453 · Fortinet Inc (FTNT) · 2023Q4 earnings call · Feb 6, 2024 · due Dec 31, 2024
“I think that where we look at in terms of where the street was for free cash flow in 2024 for the full year, I think that's in the ballpark at this early stage.”
Keith Jensen · CFO
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“Keith Jensen (Chief Financial Officer): Well, obviously, there are a lot of levers that come into free cash flow. I think that where we look at in terms of where the street was for free cash flow in 2024 for the full year, I think that's in the ballpark at this early stage. We don't really guide to free cash flow, as you know. But I think the puts and takes, one is CapEx, which is not all that far away from what we saw in 2023. But then you have operating profits, billings throughout, etcetera. You know all the components that go into it.”
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SEC filings for FTNT ↗ · Claim quote is verbatim from the 2023Q4 earnings call.