FireEye, Inc., together with its subsidiaries, provides cybersecurity solutions for detecting, preventing, and resolving cyber-attacks. The company offers vector-specific appliance solutions that provide threat protection from network to endpoint for inbound and outbound network traffic that may contain sensitive information. Its threat prevention solutions include appliances covering the Web, email, endpoint, file, and mobile threat vectors. It also offers security management products comprising Central Management System that provides cross-enterprise threat data correlation to identify and block attacks across multiple attack vectors; and Threat Analytics Platform, a cloud-based solution t...
1440 McCarthy Boulevard
Milpitas, CA 95035
Founded in 2004
FireEye, Inc. Presents at 17th Annual Pacific Crest Global Technology Leadership Forum 2015, Aug-10-2015 03:30 PM
Aug 10 15
FireEye, Inc. Presents at 17th Annual Pacific Crest Global Technology Leadership Forum 2015, Aug-10-2015 03:30 PM. Venue: The Sebastian, 16 Vail Road, Vail, CO 81657, United States.
FireEye, Inc. Announces Executive Changes
Jul 30 15
FireEye, Inc. also announced that Michael Sheridan, chief financial officer since 2011, intends to leave FireEye to accept a position as chief financial officer at a private technology company in an unrelated industry. Sheridan will remain with FireEye through the filing of the company’s second quarter Form 10-Q. Frank Verdecanna, vice president of finance, will serve as interim chief financial officer following Sheridan’s departure in early August while the company conducts an external search for a new CFO. Verdecanna joined FireEye in November 2012 as the company’s vice president of finance with responsibility for accounting, corporate financial planning and analysis, tax and revenue operations. Prior to joining FireEye, he served as chief financial officer of Apptera.
FireEye, Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Earnings Guidance for the Third Quarter and Full Year of 2015
Jul 30 15
FireEye, Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, total revenue was $147,207,000 against $94,489,000 a year ago. Operating loss was $128,393,000 against $127,021,000 a year ago. Loss before income tax was $132,646,000 against $127,171,000 a year ago. Net loss attributable to common shareholders was $133,573,000 or $0.87 per basic and diluted share against $116,823,000 or $0.82 per basic and diluted share a year ago. Non-GAAP operating loss was $60,216,000 against $77,069,000 a year ago. Non-GAAP net loss was $62,564,000 or $0.41 per basic and diluted share against $78,481,000 or $0.55 per basic and diluted share a year ago. The company generated more than $39 million in operating cash flow and $27 million of free cash flow this quarter.
For the six months, total revenue was $272,577,000 against $168,469,000 a year ago. Operating loss was $260,881,000 against $234,258,000 a year ago. Loss before income tax was $265,633,000 against $234,424,000 a year ago. Net loss attributable to common shareholders was $267,537,000 or $1.75 per basic and diluted share against $218,034,000 or $1.58 per basic and diluted share a year ago. Net cash provided by operating activities was $35,844,000 against net cash used in operating activities of $84,522,000 a year ago. Purchase of property and equipment and demonstration units was $24,538,000 against $31,469,000 a year ago. Non-GAAP operating loss was $131,063,000 against $147,267,000 a year ago. Non-GAAP net loss was $134,887,000 or $0.88 per basic and diluted share against $149,895,000 or $1.09 per basic and diluted share a year ago.
For the third quarter of 2015, the company expects total revenue in the range of $164 million to $168 million. Additionally, for the third quarter, on a non-GAAP basis, the company expects gross margin in the range of 70% to 73% of total revenue. Interest expense of $3.0 million related to the company’s convertible senior notes, loss per share of $0.44 to $0.48, based on estimated weighted average shares outstanding of approximately 154 million.
For 2015, the company currently expects total revenue in the range of $630 million to $645 million. Additionally, for 2015, on a non-GAAP basis, the company expects: gross margin in the range of 71% to 74% of total revenue, interest expense of $7.0 million related to the company’s convertible senior notes, loss per share of $1.70 to $1.80, based on estimated weighted average shares outstanding of approximately 152 million, cash outflow from operations in the range of $10 million to cash inflow from operations of $10 million.