Sourcefire (FIRE) CEO Takes Medical Leave; Sees Q2 Revs, EPS at High-End or Above Guidance

July 2, 2012 4:19 PM EDT
Get Alerts FIRE Hot Sheet
Price: $75.96 --0%

Financial Fact:
Other expense: -252K

Today's EPS Names:
Trade FIRE Now!
Join SI Premium – FREE
Sourcefire, Inc. (Nasdaq: FIRE), a leader in intelligent cybersecurity solutions, today announced that the Company's Chief Executive Officer, John Burris, has taken a medical leave of absence to undergo a series of treatments for colon cancer. The Board of Directors has named Martin F. Roesch interim Chief Executive Officer to provide seamless leadership continuity and continued execution across Sourcefire's strategic initiatives. Mr. Roesch founded Sourcefire in 2001 and is the Company's Chief Technology Officer and a member of the Board of Directors. He will retain his current responsibilities while serving as interim Chief Executive Officer.

The Company today also announced preliminary unaudited financial results for the quarter ended June 30, 2012. The Company currently expects revenue and adjusted net income per share to be at the high end to slightly above the guidance range given on April 30, 2012. These financial results are preliminary in nature, are subject to the Company completing its second quarter review process, and are subject to change. The Company expects to release its second quarter 2012 financial results after the market closes on July 31, 2012.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Guidance, Hot Guidance, Management Changes

Related Entities


Add Your Comment