When FireEye Inc. (NASDAQ: FEYE) reported its fourth-quarter financial results late on Thursday, the cybersecurity company said that it had $0.01 in earnings per share (EPS) on $202.3 million in revenue. Consensus estimates had called for a net loss of $0.01 per share on revenue of $193.6 million. The same period of last year reportedly had a $0.03 per share net loss and $184.7 million in revenue.
During the quarter, billings increased 9% to $242.2 million year over year, and this is above the guidance range of $210 million to $230 million.
Looking ahead to the first quarter, the company expects to see a net loss in the range of $0.03 to $0.06 per share on revenues between $192 million and $197 million, with billings in the range of $165 million to $175 million. The consensus estimates are a net loss of $0.05 per share and $186.74 million in revenue for the quarter.
Cash flow from operations totaled $33.6 million, compared to cash flow generated by operations of $6.9 million in the same period last year, and better than the guidance range of $16 million to $25 million. Cash flow in this time also was reduced by a payment of $12.5 million in net legal settlement costs.
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