Fireeye (FEYE) Tops Q3 EPS by 7c; Guides Above the Street

November 7, 2013 4:15 PM
Fireeye (NASDAQ: FEYE) reported Q3 EPS of ($1.21), $0.07 better than the analyst estimate of ($1.28). Revenue for the quarter came in at $42.7 million versus the consensus estimate of $39.8 million.

Fireeye sees Q4 2013 revenue of $52-54 million, versus the consensus of $48.8 million.

Fireeye sees FY2013 revenue of $156-158 million, versus the consensus of $151.14 million.

"I am pleased to report strong third quarter performance as we continued to deliver what we believe to be the most effective protection from advanced cyber attacks to organizations worldwide. Billings growth accelerated to more than 100% year-over-year as we added a record number of new customers and existing customers expanded their deployments of our virtual machine-based threat protection platforms," said David DeWalt, chairman and chief executive officer of FireEye.

"We reached a significant milestone in the third quarter with our successful initial public offering. While the IPO was just one of many milestones we hope to achieve as we transform the IT security market, it represented the culmination of years of dedicated effort by everyone at FireEye," added DeWalt. "I offer my congratulations and thanks to all our employees, investors, partners and customers who helped build FireEye into the leader in stopping advanced cyber attacks."

For earnings history and earnings-related data on Fireeye (FEYE) click here.


Earnings Guidance Management Comments