FireEye Tops Estimates, Shares Rise
FireEye topped analysts top and bottom-line estimates for the third quarter.
FireEye (FEYE) - Get Report shares spiked Friday following the release of the cyber security company's third quarter results after the closing bell on Thursday. The company reported total revenue of $186.4 million, better than estimates. On the bottome line, Fireye posted a net loss of $0.18 a share, expectations had been for a loss of nearly double that. For the current quarter, FireEye expects an adjusted loss between $0.16 and $0.18 a share, that's better than forecasts. Revenue is expected to be between $187 million and $193 million. Analyst forecasts are for revenue of $196 million.
