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MILPITAS, Calif. (AP) _ FireEye Inc. (FEYE) on Tuesday reported a loss of $38.6 million in its fourth quarter.
The Milpitas, California-based company said it had a loss of 17 cents per share. Earnings, adjusted for one-time gains and costs, were 12 cents per share.
The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 10 cents per share.
The computer security software company posted revenue of $247.5 million in the period, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $239.5 million.
For the year, the company reported that its loss narrowed to $207.3 million, or 93 cents per share. Revenue was reported as $940.6 million.
For the current quarter ending in April, FireEye expects its per-share earnings to range from 5 cents to 7 cents.
The company said it expects revenue in the range of $235 million to $238 million for the fiscal first quarter. Analysts surveyed by Zacks had expected revenue of $234.1 million.
FireEye expects full-year earnings in the range of 35 cents to 37 cents per share, with revenue ranging from $990 million to $1.01 billion.
FireEye shares have decreased roughly 6% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $21.70, an increase of 36% in the last 12 months.