FireEye Improves Results, Cyber Security Market and Guidance

NEW YORK, NY / ACCESSWIRE / August 30, 2017 / Traders News Source, a leading independent equity research and corporate access firm focused on small and mid-cap public companies is issuing a comprehensive report with no obligation on FireEye, Inc. (NASDAQ: FEYE), a provider of intelligence-based cybersecurity solutions that allow organizations to prepare for, prevent, respond to and remediate cyber-attacks.

The company is engaged in providing solutions that could be involved in stopping hacking by foreign governments. It’s one of the cyber securities companies, which have received certification from the U.S. Department of Homeland Security. FireEye has been part of several high profile cyber security operations over the years.

During 2017, FEYE continues to become more efficient in running operations, which contributed to increases in gross profit and operating margin in the second quarter. The company reduced total GAAP operating expenses by 24 percent and total non-GAAP operating expenses by 20 percent, compared to the second quarter of 2016, even as it accelerated investments in the development of the Helix platform and next generation endpoint solution.

Our full report covers a Q2 results analysis, analysts target price and company guidance READ MORE

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The core of the FireEye platform is a virtual execution engine, complemented by dynamic threat intelligence, to identify and block cyber-attacks in real time. FireEye has established itself for the upcoming surge of demand for cyber solutions in analytics, automated, and intelligent-driven solutions which could initiate growth over the near to medium term.

The key drivers of FireEye’s business include, new and potential massive cyber-attacks that attract national and even international attention. This is not just driving sales of FireEye’s threat-detection systems to new customers, but also strengthening retention and average spend among its existing clients leading to a strong pipeline of recurring income.

Read about FireEye’s technology and growth drivers in our full report READ MORE

Copy and paste to your browser may be required to view the report – http://tradersnewssource.com/fireeye/

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