Cyberark And FireEye Could Move +/-12-13% After Earnings
One day after Rapid7 Inc (NASDAQ: RPD) revealed strong numbers, investors will be watching for revenue and earnings, along with billings growth and forward guidance.
If history is any indication, investors will also keep an eye on customer renewal and addition stats.
Heading into the close, options are pricing in an implied move of 13 percent for FireEye and 12 percent for CyberEye, according to TDAmeritrade's JJ Kinahan.
In its last quarterly release, FireEye shares dropped almost 14 percent after-hours amid lower than consensus full-year 2015 sales guidance. CyberArk, meanwhile, issued guidance above expectations.
Kinahan will be holding a live update Periscope @TDAJJKinahan after the bell.
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