FireEye: 1Q Earnings Snapshot

MILPITAS, Calif. (AP) _ FireEye Inc. (FEYE) on Tuesday reported a loss of $75.4 million in its first quarter.

The Milpitas, California-based company said it had a loss of 38 cents per share. Losses, adjusted for stock option expense and amortization costs, were 3 cents per share.

The results met Wall Street expectations. The average estimate of 14 analysts surveyed by Zacks Investment Research was also for a loss of 3 cents per share.

The computer security software company posted revenue of $210.5 million in the period, topping Street forecasts. Ten analysts surveyed by Zacks expected $210.1 million.

For the current quarter ending in July, FireEye expects its per-share earnings to range from 1 cent to 3 cents.

The company said it expects revenue in the range of $212 million to $216 million for the fiscal second quarter. Analysts surveyed by Zacks had expected revenue of $216.1 million.

FireEye expects full-year earnings in the range of 17 cents to 21 cents per share, with revenue ranging from $880 million to $890 million.

FireEye shares have dropped slightly more than 1% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $15.98, a drop of 11% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FEYE at https://www.zacks.com/ap/FEYE