FireEye Provides Updated Loss Outlook For Fiscal 2016

Shares of FireEye Inc. fell 1.5% in premarket trade Tuesday after the security company updated investors on its loss guidance for the year. The company is now anticipating adjusted loss per share between $1.20 and $1.27, versus a range of $1.25 to $1.32, provided when the company reported quarterly earnings in February. It continues to anticipate revenue in the range of $815 million to $845 million. Analysts on average are anticipating fiscal 2016 loss per share of $1.29 on revenue of $830.5 million. FireEye provided a financial outlook in conjunction with its 2016 annual analyst briefing.