FireEye Q1 Loss Narrows

(RTTNews) - FireEye Inc. (FEYE), Tuesday reported first-quarter net loss attributable to common stockholders of $101 thousand or $0.76 per, narrower than $27.0 million or $1.78 per last year.

Adjusted net loss for the quarter was $40.5 million or $0.35 per share, compared to net loss of $8.4 million or $0.64 per share last year.

Total revenue grew to $73.98 million from $28.42 million last year.

Analysts polled by Thomson Reuters expected loss of $0.53 per share, on revenues of $71.65 million for the quarter.

For the second quarter, the company expects adjusted loss of $0.58 to $0.63 per share and revenues of $89 million to $91 million. Analysts currently estimate loss of $0.51 per share on revenues of $87.90 million for the quarter.

For the full year 2014, the company now expects loss of $2.10 to $2.30 per share and revenues of $405 million to $415 million. Analyst currently estimate loss of $2.04 on revenues of $407.07 million for the year.

Earlier, the company expected loss of $2.p00 to $2.20 per share on revenues of $400 million to $410 million.