Notable Earnings: FireEye (FEYE), GoPro (GPRO), Yelp (YELP), Endo International (ENDP)

FireEye, Inc. (FEYE) dropped $1.08, or 7.50%, to $14.90 in after-hours trading after it reported fiscal results for the first-quarter.

In its quarterly report, the cybersecurity software firm said it lost, on a non-GAAP basis, ($0.47) per share, well-above the ($0.50) per share analysts were expecting. Revenue rose 34% year-over-year to $168 million, below views for $171.72 million.

In terms of guidance for Q216, FireEye expects revenues to be in the range of $178-$185 million, as compared to analysts’ expectations of $193.25 million. EPS is forecast to be between ($0.40)-($0.38) per share, against projections of ($0.36) per share.

feye stock

GoPro, Inc. (GPRO) reported first quarter non-GAAP EPS loss of ($0.63) after the closing bell Thursday, compared to the consensus estimate of ($0.59). Revenues decreased 49.5% from last year to $183.5 million. Analysts expected revenues of $169.55 million. Those figures compare with EPS of $.24 and revenues of $363.1 million in the year-earlier period.

For full fiscal-year 2016, the company guided revenues of $1.35-$1.50 billion, in line with the guidance the company provided on February 3, 2016. The Street’s expectations is for $1.36 billion.

The stock is currently up $0.27 to $10.98 on 10.75 million shares.

gpro stock

Shares of Yelp Inc. (YELP) rallied 8% to $22.92 in extended hours after the local business ratings and reviews site reported first-quarter earnings of $158.6 million, or $0.08 per share. Analysts had been modeling $155.53 million and $0.03 per share.

Yelp also offered guidance for the second quarter, saying revenue should be somewhere between $167 million to $171 million, above the $167.51 million the Street was anticipating.

yelp stock

Shares of Endo International plc (ENDP) are nosediving by nearly 19% to $21.60 in extended hours after the company released its earnings results on Thursday. The Dublin-based health care co. reported Q116 EPS of $1.08 per share vs. $1.04 consensus on $963.5 million in revenue, up 35% from a year ago, and above views for $956 million.

For FY16, ENDP provided EPS guidance of $4.50-$4.80 versus consensus of $5.70 per share. The company also issued revenue projection of $3.87-$4.03 billion, compared to the consensus revenue estimate of $4.30 billion.

endp stock

Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!

Be the first to comment

Leave a Reply

Your email address will not be published.


*

This site uses Akismet to reduce spam. Learn how your comment data is processed.