6.11.15

FireEye Shares Tank 14% After Hours On Sales Miss | TechCrunch

FireEye Shares Tank 14% After Hours On Sales Miss | TechCrunch: "Cybersecurity and malware protection company FireEye on Wednesday reported its third quarter sales were $165.6 million, compared to the $167.13 million Wall Street expected.

Despite missing on sales, the company’s losses were not as high as analysts expected. Wall Street thought the company would lose 45 cents per share, but instead the company posted a loss of 37 cents per share.

Investors have overlooked FireEye’s losses in the past due to healthy revenue growth. However that growth has slowed in recent quarters, causing shares to plummet. Today’s low sales number sent stocks diving 14 percent in extended trading."



'via Blog this'

1 comment:

  1. even more to the point, revenue growth are hardly to expect nowadays! The authority is hell-bent!

    ReplyDelete