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IT

FireEye guides for positive FY cash flow as Q1 sales lift 3%

Wednesday 3 May 2017 | 17:25 CET | News
IT security company FireEye said revenues advanced 3 percent year-on-year to USD 173.7 million in the first quarter. Billings reached USD 152.4 million, down 18 percent from the year before. Gross margin rose to 63 percent from 57 percent while the operating margin went to negative 41 percent from negative 93. The net loss per share narrowed to USD 0.48 from a loss of 0.98. Cash flow from operations meanwhile went to a negative USD 17.0 million from a negative 22.5 million.

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Categories: IT
Companies: FireEye
Countries: World
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