FireEye: Q3 Earnings Insights

Shares of FireEye FEYE increased 5.6% after the company reported Q3 results.

Quarterly Results

Earnings per share were up 450.00% over the past year to $0.11, which beat the estimate of $0.07.

Revenue of $238,460,000 up by 5.55% from the same period last year, which beat the estimate of $227,670,000.

Outlook

FireEye Raises FY20 Sales Guidance From $880M-$900M as Of Apr. 28 To $930M-$934M vs $919.5M Estimate

FireEye Sees Q4 Sales $237M-$241M vs $236.7M Estimate, Adj. EPS $0.09-$0.11 vs $0.10 Est.

Details Of The Call

Date: Oct 27, 2020

Time: 05:00 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/9zhku232

Technicals

52-week high: $18.34

52-week low: $7.54

Price action over last quarter: down 11.21%

Company Profile

FireEye is a pure-play cybersecurity firm that offers solutions for networks, endpoints, and email. FireEye's products for on-premises and cloud-based security are supplemented by its services division, with its Mandiant consulting group as a main player in the market for breach responses and security assessments. The company's security experts can be used on-demand by customers and help FireEye innovative its product offerings. The California-based company sells products worldwide, was founded in 2004, and went public in 2013.