Shares of cybersecurity specialist FireEye (NASDAQ: FEYE) got a much-needed shot in the arm after the company delivered a solid first-quarter beat, rising over 14% in one day. The company's adjusted net loss of $0.09 per share on revenue of $173.7 million easily beat Wall Street estimates, while strong guidance also boosted investor sentiment.The stock enjoyed additional momentum following reports of worldwide cyberattacks as security breaches once again became a focus for corporate and government entities.
Comment on 3 Reasons the FireEye Inc Rally Will Continue
newsfeedback@fool.com (Harsh Chauhan), The Motley Fool
Tue, 05/23/2017 - 4:33am
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