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FireEye, Inc. stock price
FireEye, Inc. latest news:
BRIEF-FireEye Inc reports qtrly loss per share of $0.41
* FireEye Inc qtrly revenue $189.6 million, up 2 percent;
loss per share $0.41; qtrly adjusted loss per share $0.04
FireEye earnings beat for third straight quarter, but forecast sends shares down 15%
CEO sees change in wake of Equifax hack, hopes for push toward national digital ID. FireEye Inc. (FEYE) announced better than expected financial results for the third consecutive quarter Wednesday, but the security company's guidance for the final three months of the year was slightly below expectations as the company seeks to close out a year of change. FireEye (FEYE) earlier this year launched a new core cloud-software offering called Helix, after a massive restructuring under Chief...
FireEye posts narrower loss as costs drop, sales increase
Nov 1 (Reuters) - Cybersecurity firm FireEye Inc,
which probed the Equifax breach in September, reported a
narrowed quarterly loss, helped by lower costs and as sales got
a boost from its shift to a subscription-based business.
Equifax says millions more customers affected in cyberattack than previously reported
Equifax Inc. said late Monday that about 2.5 million more U.S customers were affected by a recent cyberattack than previously reported following a forensic analysis by security firm Mandiant. The addition of those customers bring the total U.S. customers potentially affected to 145.5 million. On Monday, Equifax's former chief executive, Richard Smith, apologized in testimony before a House Energy and Commerce subcommittee for allowing a software vulnerability to remain on a company application. Smith retired in late September soon after the incident. In late September, Mandiant, which is owned by FireEye Inc. reported that hackers had been roaming on Equifax's network undetected for more than four months. Equifax said that no databases outside the U.S. were affected by the hack and that Mandiant did not identify any evidence of additional or new hacker activity. Equifax said that it will mail written notices to all U.S. customers potentially affected by the hack, which was discovered on Sept. 7. Equifax shares slipped 0.3% to $107.45 after hours.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Hackers sneaked Into Equifax Systems in March
Hackers roamed undetected in Equifax Inc.'s computer network for more than four months before its security team uncovered the massive data breach, the security firm FireEye Inc. said this week in a confidential note sent to some Equifax customers.
FireEye's stock jumps after Morgan Stanley turns bullish for the first time
Shares of FireEye Inc. surged 6.3% in active morning trade Thursday, after Morgan Stanley turned bullish on the security services company for the first time, citing stabilization in recent results and an upbeat outlook for the company's new Helix offering. Volume topped 5.5 million shares within an hour after the open, which was already more than the full-day average of 5.2 million shares. Analyst Melissa Franchi raised her rating at overweight after being at equal weight since coverage was initiated in September 2014. She raised her stock price target to $19, which is 21% above current levels, from $13. "Early data points from recent results and our customer survey suggest a Helix adoption potential significantly higher than consensus assumes," Franchi wrote in a note to clients. "At the same time, our sum of the parts analysis suggest investors are pricing in continued declines in the FireEye subscription base--stabilization in recent results, positive spending indications from our survey work and a building renewal base all suggest otherwise." The stock has soared 32% year to date, while the SPDR S&P Software and Services ETF has run up 18% and the S&P 500 has gained 10%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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