Categories AlphaGraphs, Earnings, Technology

FireEye beats Wall St. targets in Q1

FireEye (NASDAQ: FEYE) reported first-quarter 2021 financial results after the regular market hours on Tuesday. The cybersecurity firm reported Q1 revenue of $246 million, up 10% year-over-year and above the Wall Street projection. Net income of $0.08 per share was also above the target that analysts had anticipated.

FEYE shares gained 2% immediately following the announcement. The stock has soared 80% in the trailing 12 months.

FireEye Q1 2021 earnings

Looking forward to listening to management / analyst comments on the results? Stay tuned here for FireEye Q1 earnings call transcript

CEO Kevin Mandia said in a statement, “We recently added two new modules to our Mandiant Advantage platform designed to further enable our customers’ ability to access our expertise and intelligence: Mandiant Automated Defense, which adds a powerful, multi-vendor XDR capability, and Mandiant Security Validation, which enables customers to manage, measure, and report on cyber security risk within their organization.”

Prior performance

  • FireEye reports Q3 2020 earnings results
  • FIreEye Q1 2020 earnings

Most Popular

Earnings calendar for the week of May 3

Leading stock indexes retreated after gaining mid-week when Wall Street biggies like Apple and Amazon reported impressive quarterly numbers. The Dow Jones Industrial Average was down 190 early Friday, while

How did the first quarter of 2021 turn out for the airline industry?

The airlines sector was severely impacted by the disruption caused by the COVID-19 pandemic in 2020. A year later, the industry is still limping its way to a recovery. In

Amazon (AMZN) fine-tunes growth strategy to stay in the fast lane

The company that witnessed the strongest growth during the pandemic is probably, Inc. (NASDAQ: AMZN), which went into overdrive when the crisis triggered an online shopping boom. Taking a

Add Comment
Viewing Highlight