FireEye Q2 Loss Widens, Boosts 2014 Outlook - Quick Facts

(RTTNews) - FireEye, Inc. (FEYE) Tuesday reported second-quarter net loss attributable to common stockholders of $116.82 million or $0.82 per, wider than $40.24 million or $2.15 per share in the prior-year quarter.

Excluding items, adjusted net loss for the quarter was $78.48 million or $0.55 per share, compared to $34.88 million or $1.87 per share in the year-ago quarter.

Results for the quarter were calculated on 141.90 million weighted average shares, compared to 18.70 million in the year-ago quarter.

Total revenue for the quarter surged to $94.49 million from $33.22 million in the same quarter last year.

Analysts polled by Thomson Reuters expected the company to report a loss of $0.60 per share, on revenues of $90.19 million for the quarter.

Looking ahead to the third quarter, the company expects adjusted loss in a range of $0.52 to $0.56 per share, on projected revenues between $114 million and $117 million. Analysts currently estimate a loss of $0.56 per share on revenues of $108.88 million for the quarter.

For fiscal 2014, the company now expects loss in a range of $2.05 to $2.15 per share, on projected revenues between $423 million and $430 million. Street is currently looking for full-year 2014 loss of $2.23 on annual revenues of $412.18.

Earlier, the company expected loss of $2.10 to $2.30 per share on revenues of $405 million to $415 million.