|Bid||13.38 x 2200|
|Ask||13.50 x 21500|
|Day's Range||13.36 - 13.75|
|52 Week Range||12.66 - 20.61|
|Beta (3Y Monthly)||0.60|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 28, 2019 - Nov 1, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||17.68|
The acquisition of Syscom is expected to boost DXC Technology's (DXC) footing in Norway by aiding and accelerating the digital transformation journey of Norwegian clients.
One of the most effective teams of Chinese government-backed hackers is also conducting financially-motivated side operations, cybersecurity researchers said on Wednesday. U.S. firm FireEye said members of the group it called Advanced Persistent Threat 41 (APT41) penetrated and spied on global tech, communications and healthcare providers for the Chinese government while using ransomware against game companies and attacking cryptocurrency providers for personal profit. The findings, announced at the Black Hat security conference in Las Vegas, show how some of the world's most advanced hackers increasingly pose a threat to consumers and companies not traditionally targeted by state-backed espionage campaigns.
APT41 – a dual espionage and cyber crime threat actor – is responsible for targeted operations against organizations in 15 jurisdictions, across multiple industries including healthcare, gaming, high-tech and the media.
The increasing need to secure cloud platforms, amid growing incidents of cyber-attacks and hacking, drives demand for cyber security software.
Cybersecurity company FireEye Inc (NASDAQ: FEYE) released a concerning second-quarter report highlighted by higher-than-expected expenses and from renewal rates with smaller customers. Bank of America's Tal Liani maintains a Buy rating on FireEye with a $20 price target. Wedbush's Daniel Ives maintains at Neutral, price target lowered from $17 to $15.
Cybersecurity stock FireEye (FEYE) was down over 10.0% in early market trading today. FEYE announced its second-quarter results yesterday. Analysts estimated FireEye to post revenue of $215.16 million with EPS of $0.01 in the second quarter.
FireEye's (FEYE) second-quarter results benefit from increased cloud subscriptions and strong traction in Mandiant Professional Services. However, higher expenses keep margins under pressure.
FireEye Inc. said Tuesday afternoon that higher-than-expected costs from migrating data to the cloud and a headwind from smaller customers migrating to updated services weighed on earnings and forced the cybersecurity company to lower its profit forecast for the year.
FireEye was falling sharply Wednesday after the cybersecurity company issued weak profit forecasts for the fiscal third quarter and year. The company posted a second-quarter adjusted loss of 1 cent a share vs. estimates that called for a profit of 1 cent. Revenue of $217.6 million topped Wall Street forecasts of $215.2 million. FireEye said it expects fiscal-year earnings of break-even to 4 cents a share on revenue of $865 million to $875 million - both metrics are below analysts' estimates.
FireEye (FEYE) delivered earnings and revenue surprises of -200.00% and 1.12%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
FireEye Inc on Tuesday reported a surprise second-quarter loss and cut its 2019 revenue forecast on non-renewal of subscriptions, sending its shares down 15%. The company posted a 7.1% rise in operating expenses and a per share adjusted loss of 1 cent in the reported quarter, while analysts were expecting profit of a cent, according to Refinitiv data. "The higher costs expected and product weakness make FireEye's road to profitability all the more challenging against peers that are growing at faster rates," Morningstar analyst Mark Cash said.
MILPITAS, Calif.-- -- Q2 revenue of $218 million increased 7 percent from the second quarter of 2018 Q2 billings of $221 million increased 13 percent from the second quarter of 2018 1 Successfully closed the acquisition of Verodin on May 28, 2019 FireEye, Inc. , the intelligence-led security company, today announced financial results for the second quarter ended June 30, 2019. “Our billings growth ...
On CNBC's "Fast Money Halftime Report," Pete Najarian spoke about unusual options activity in FireEye Inc (NASDAQ: FEYE ). He said options traders were buying the Friday expiring calls in the ...