Report
Ilya Kundozerov
EUR 147.86 For Business Accounts Only

FireEye Executes Well on Cost-Cutting Measures Amid Product Revamp; Shares Fully Valued

FireEye reported third-quarter results slightly ahead of our expectations, but management expects a difficult fourth quarter and 2017. While top-line growth has been hampered by turnover in the sales team and leadership, on-premise products will continue to be pressured by cloud-based offerings. The company executed well on streamlining its cost structure, exceeding our expectations, and taking FireEye one step closer to management’s stretch goals of non-GAAP profitability and positive free cash...
Underlying
FireEye Inc.

FireEye provides intelligence-based cybersecurity solutions that allow organizations to prepare for, prevent, respond to and remediate cyber attacks. The company's portfolio of cybersecurity products and services is designed to minimize the risk of cyber security breaches by detecting and preventing advanced, targeted and other evasive attacks, as well as enabling management of security operations, including alert management, investigation and response when a breach occurs. The company provides threat detection and prevention solutions, security orchestration, analytics and management solutions, threat intelligence subscriptions, on-demand and managed service subscriptions, and other services.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Ilya Kundozerov

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