FireEye (FEYE) Q4 Earnings & Revenues Surpass Estimates

 | Feb 05, 2020 10:12PM ET

FireEye Inc. (NASDAQ:FEYE) reported fourth-quarter 2019 non-GAAP earnings of 7 cents per share, beating the Zacks Consensus Estimate by 75%. The bottom line also increased from the prior-year quarter’s earnings of 6 cents per share.

Revenues totaled $235 million, which increased 8% year over year and outpaced the consensus mark of $226 million.

This rally was led by strong growth in platform and cloud subscriptions, and managed defense services. Moreover, significant momentum in Mandiant Professional Services was a tailwind for the top line.

FireEye, Inc. Price, Consensus and EPS Surprise

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