FireEye, Inc. (FEYE) shares are down $3.36, or 6.95%, to $44.40 in after-hours trading Thursday after the company reported its second quarter earnings results.
The cybersecurity firm posted a loss of $0.41 per share on revenues of $147.2 million, up 55.8% from a year ago. Analysts were expecting EPS of ($0.48) on revenues of $143.15 million. Net loss attributable to shareholders came in at $133.6 million, or $0.87 per share, in Q2 ended June 30 from $116.8 million, or $0.82 per share, a year earlier.
For the current quarter ending in September, the company said it expects to report a loss of $0.44 to $0.48 a share based on estimated weighted average shares outstanding of approx. 154 million. Revenue is expected in the range of $164 million to $168 million.
The company also announced CFO Michael Sheridan will leave the firm in early August to be CFO “at a private technology company in an unrelated industry”.
Frank Verdecanna, VP of finance, will take over the role on an interim basis.
YRC Worldwide Inc. (YRCW) reported second quarter EPS of $0.80 after the closing bell Thursday, compared to the consensus estimate of $0.35. Revenues declined 4.6% from last year to $1.26 billion. Analysts expected revenues of $1.31 billion. The stock is currently up $2.48, or 16.23%, to $17.76 on 1.01 million shares.
Expedia Inc. (EXPE) rallied $8.69 to $116.30 in after-hours trading after it reported fiscal-second quarter earnings.
The online travel company handed in earnings of $0.89 per share on revenue of $1.66 billion, beating Wall Street estimates of $0.84 per share on revenue of $1.66 billion.
Expedia shares have increased 32.76% year-over-year, compared with a 9.21% gain in the S&P 500.
LinkedIn Corporation (LNKD) gained $1.08 to $228.23 in after-hours trading after it reported fiscal results for the second quarter.
In its quarterly report, the Mountain View, California-based company said it earned $0.55 per share, well above the $0.30 per share analysts were expecting. Revenue rose 33.3% year-over-year to $711.7 million, above views for $680.52 million. Net loss widened to $67.7 million, or $0.53 per share, from $1.03 million, or $0.01/shr, a year earlier.
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