FireEye Shares Climb 3% After Company Tops Profit, Sales Estimates

FireEye Inc. shares rose more than 3% in after-hours trade Wednesday, after the company beat profit and sales estimates for the fourth quarter. The cybersecurity systems company said it had a net loss of $105.8 million, or 72 cents a share, in the quarter, wider than the $2.5 million, or 2 cents a share loss, posted in the year-earlier period. On a non-GAAP basis, the loss was 38 cents a share, smaller than the 44 cents-a-share loss expected by FactSet analysts. Revenue rose to $143 million from $57.3 million, also ahead of the FactSet consensus of $141 million. The company said it is now expecting a 2015 loss per share of $1.80 to $1.90 on revenue of $605 million to $625 million. The current FactSet consensus is for a full-year loss of $1.85 a share on revenue of $622.4 million. Shares have risen 8.7% in the last three months, while the S&P 500 has gained 1.4%.

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