Report
William Fitzsimmons
EUR 100.00 For Business Accounts Only

FireEye’s 1Q Reaffirms our Thesis that the Business Is Still Mid-Pivot; Maintaining FVE

No-moat FireEye reported first-quarter revenue of $199 million modestly exceeding our expectations, while operating expenses rose more aggressively than anticipated, leading to a greater net loss. The firm tweaked its revenue breakouts, with revenue growing 7.75% year over year. In terms of guidance, we are at the high end of second-quarter and full-year revenue guidance, and above the midpoint of fiscal 2018 non-GAAP EPS.
We think the quarterly results are contemporaneous with our long-term the...
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
William Fitzsimmons

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