FireEye reports EPS in-line, beats on revs; guides Q2 EPS in-line, revs in-line; guides FY18 EPS in-line, revs in-line (18.55 +0.17)
Reports Q1 (Mar) loss of $0.04 per share, excluding non-recurring items, in-line with the Capital IQ Consensus of ($0.04); revenues rose 7.7% year/year to $199.07 mln vs the $193.91 mln Capital IQ Consensus.
Billings of $175.1 million, an increase of 21 percent from the first quarter of 2017, and slightly above our guidance range of $165 million to $175 million.1
Co issues in-line guidance for Q2, sees EPS of ($0.03)-$0.00, excluding non-recurring items, vs. ($0.01) Capital IQ Consensus Estimate; sees Q2 revs of $199-203 mln vs. $200.37 mln Capital IQ Consensus Estimate; sees Billings in the range of $180 million to $195 million.
Co issues in-line guidance for FY18, sees EPS of $0.00-0.04, excluding non-recurring items, vs. $0.02 Capital IQ Consensus Estimate; sees FY18 revs of $820-830 mln vs. $819.34 mln Capital IQ Consensus Estimate; sees Billings in the range of $815 million to $835 million.