A Roundup Of Cybersecurity Performance To End 2016

Earnings season for the major cybersecurity companies has come to an end. Here is a roundup of how the companies performed in the most recent quarter.

FireEye

• FireEye Inc FEYE lost three cents per share in the fourth quarter on revenue of $184.7 million.
• Wall Street analysts were expecting the company to lose $0.16 per share on revenue of $190.99 million.
• Kevin Mandia, FireEye CEO commented: "[W]e are better positioned as a company today, with a solid financial foundation, more efficient operations, and expanded and updated product offerings. We will remain focused on our mission to relentlessly protect our customers as we continue to execute on our priorities in 2017."
• FireEye's stock traded to a new all-time low following the report.

Symantec

• Symantec Corporation SYMC earned $0.32 per share in the third quarter on revenue of $1.088 billion.
• Wall Street analysts were expecting the company to earn $0.28 per share on revenue of $1.08 billion.
• Greg Clark, Symantec CEO commented: "Our Integrated Cyber Defense Platform is resonating with enterprise customers and we closed important wins that underscore the unmatched value of our threat intelligence and the depth of our cloud security stack."
• Symantec's stock rose following the report and hit a new 52-week high of $29.24 on Friday.

Imperva

• Imperva Inc IMPV earned $0.32 per share in the fourth quarter on revenue of $78.4 million.
• Analysts were expecting the company to earn $0.03 per share on revenue of $70.2 million.
• Anthony Bettencourt, president and CEO of Imperva stated: "Imperva is well positioned to maintain the momentum in 2017 and beyond, given the growing need for enterprises worldwide to protect their business-critical data and applications."
• Shares of Imperva gained following the report and are now higher by more than 20 percent since the start of 2017.

Check Point Software Technologies

• Check Point Software Technologies Ltd. CHKP earned $1.31 per share in the fourth quarter on revenue of $486.707 million.
• Analysts were expecting the company to earn $1.25 per share on revenue of $478 million.
• Gil Shwed, founder and CEO commented: "We realized triple digit growth across our focus areas of mobile and advanced threat prevention, while security gateways delivered double digit growth."
• Check Point's stock rose following the earnings print and even hit a new all-time high of $101.63 on Friday.

Proofpoint

• Proofpoint Inc PFPT earned $0.18 per share in the fourth quarter on revenue of $106.8 million.
• Analysts were expecting the company to earn $0.13 per share on revenue of $104.81 million.
• Gary Steele, CEO of Proofpoint commented: "The company remains well-positioned to maintain momentum in 2017 and beyond as enterprises continue to select Proofpoint's cloud-based advanced threat protection solution over legacy alternatives, given our proven capability in handling today's advanced security threats."
• Shares of Proofpoint moved higher following the report as some Wall Street analysts viewed the results favorably.