Wunderlich Securities Downgrades FireEye, Inc (FEYE) to Hold
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FireEye Reports Second Quarter 2016 Results
August 4, 2016 4:01 PM EDTMILPITAS, CA -- (Marketwired) -- 08/04/16 -- FireEye, Inc. (NASDAQ: FEYE), the leader at stopping today's advanced cyber attacks, today announced financial results for the second quarter ended June 30, 2016.
"Our second quarter results showed fundamental strength in several areas -- sales of our next generation endpoint offering increased more than 65 percent from a year ago, renewal billings were strong, we added more than 300 new customers, and we closed 40 transactions above $1 million," said Kevin Mandia, FireEye chief executive officer. "Although total billings and revenue were below our expectations, efforts to optimize our cost... More
