FireEye (FEYE) Tops Q2 EPS by 7c; Guides FY15 Loss, Revenue to Strong Side
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Go back to FireEye (FEYE) Tops Q2 EPS by 7c; Guides FY15 Loss, Revenue to Strong Side
July 31, 2015 10:29 AM EDT
Deutsche Bank affirmed its Hold rating on FireEye, Inc (NASDAQ: FEYE) and price target of $44. The stock declined after FireEye reported Q2 results and issued guidance. Analyst Karl Keirstead characterized results as a "beat with two key asterisks."
The analyst explained, "FireEye (FEYE) posted solid 2Q15 results, highlighted by 56% total revs growth (to $147m, above the $140-$144m guidance range), 57% billings growth (to $178m, above the $165-$170m guidance range) and a huge improvement in the OCF guidance (to break-even in 2015 from prior guidance for a $65-$80m outflow). However, the... More
July 31, 2015 9:24 AM EDT
Gabelli downgraded FireEye, Inc (NASDAQ: FEYE) from Hold to Sell.
For an analyst ratings summary and ratings history on FireEye, Inc click here. For more ratings news on FireEye, Inc click here.
Shares of FireEye, Inc closed at $47.76 yesterday.
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July 31, 2015 8:15 AM EDT
Oppenheimer analyst Shaul Eyal reiterated an Outperform rating and $58 price target on FireEye, Inc (NASDAQ: FEYE) amid strong Q2 and guidance.
Eyal commented, "FEYE reported strong 2Q15 results with revenue, non- GAAP operating margin, cash-flow from operations, deferred revenue, and billings all beating... More
