FireEye, Inc. (FEYE – Free Report) just released its fourth-quarter and full year 2017 financial results, posting adjusted earnings of $0.01 per share and revenues of $202.3 million. Currently, FireEye is a Zacks Rank #3 (Hold), and is up over 11% to $15.70 per share in after-hours trading shortly after its earnings report was released.
Beat earnings estimates. The company posted adjusted earnings of $0.01 per share, beating the Zacks Consensus Estimate of $0.01 per share loss.
Beat revenue estimates. The company saw revenue figures of $202.3 million, topping our consensus estimate of $193.62 million.
The cyber security firm saw its fourth-quarter revenues surge 10% year-over-year, while quarterly billings climbed 9% to $242.2 million. For the full-year, FireEye posted sales of $751.1 million, which marked a 5% jump from 2016.
FireEye posted non-GAAP Q4 earnings after reporting a loss of $0.03 per share in the fourth quarter of 2016.