Shares of FireEye are plunging in the after-hours, by 14%, in what can only be described as ‘business as usual’ for this shit filled company of perfidious swindlers.
Reports Q2 (Jun) loss of $0.33 per share, excluding non-recurring items, $0.06 better than the Capital IQ Consensus of ($0.39); revenues rose 18.9% year/year to $175 mln vs the $181.57 mln Capital IQ Consensus.
Co issues guidance for Q3, sees EPS of ($0.32)-($0.30), excluding non-recurring items, vs. ($0.24) Capital IQ Consensus Estimate; sees Q3 revs of $180-186 mln vs. $208.09 mln Capital IQ Consensus Estimate.
Total Billings in the range of $200-215 mln.
Operating margin in the negative 25-27% range
Co issues guidance for FY16, sees EPS of ($1.32)-($1.24), excluding non-recurring items, vs. ($1.24) Capital IQ Consensus Estimate; sees FY16 revs of $716-728 mln vs. $793.45 mln Capital IQ Consensus Estimate.Non-GAAP Billings in the range of $835-855 mln (Prior $975-1055 mln)
Non-GAAP Operating Margin in the range of negative 26-28%
The more hackers hack, the less business FireEye get–because they’re a company of submental morons.
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For some reason, I can never muster more than zero confidence in Dave Dewalt. He comes across as incompetent to me.
He has done alright for himself.