Cybersecurity firm FireEye (NASDAQ: FEYE) reported first-quarter 2020 earnings results on Tuesday after the regular trading hours. For the quarter, the company reported losses that were two cents narrower than expected on revenues that topped estimates.
In a statement, CFO Frank Verdecanna said, “Given the uncertainty regarding the duration and impact of COVID-19, we are withdrawing our billings and operating cash flow guidance for the full year 2020. In addition, the guidance that we are providing for Q2 2020 and the full year 2020 comes with the caveat that there is significant uncertainty caused by the COVID-19 pandemic, and that actual results could differ materially from our outlook.”
FEYE stock fell 6.3% immediately following the announcement. The stock has lost 32% of its value since the start of this year.
Competitor Fortinet (NASDAQ: FTNT) is scheduled to announce quarterly results on May 6.
Autodesk, Inc. (NASDAQ: ADSK) today reported its fourth quarter financial results for the period ended January 31, 2021. Net income for the fourth quarter was $911.3 million, or $4.10 per
Beyond Meat (NASDAQ: BYND), a specialist in plant-based meat substitutes, Thursday reported a wider loss for the fourth quarter, despite an increase in revenues. The numbers also missed the consensus
Virgin Galactic (NYSE: SPCE) reported fourth-quarter 2020 financial results after the regular market hours on Thursday. The space tourism company reported zero revenue in the fourth quarter, compared to $529,000