Piper Jaffray Upgrades FireEye, Inc (FEYE) to Overweight
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FireEye Updates Business Outlook for Fiscal Year 2016
March 8, 2016 8:30 AM ESTMILPITAS, CA -- (Marketwired) -- 03/08/16 -- FireEye, Inc. (NASDAQ: FEYE), the leader at stopping today's advanced cyber attacks, today updated its business outlook for fiscal year 2016 in conjunction with the company's 2016 Analyst Briefing.
For the 2016 fiscal year, the company is maintaining its outlook for non-GAAP billings, revenue and operating cash flow, and is providing an updated outlook for non-GAAP operating margin, non-GAAP net loss per share, and capital expenditures.
Consistent with the guidance provided by the company on February 11, 2016, the company expects:
Total revenue in the range of $815 to $845 million.... More