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Why FireEye, Inc. Stock Plunged Today

TheMotleyFool

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Shares of FireEye (NASDAQ: FEYE) fell 10% on Thursday after the cybersecurity specialist announced strong third-quarter results, but followed with conservative fourth-quarter guidance.

More specifically, FireEye's third-quarter revenue climbed 1.7% year over year to $189.6 million, and translated to an adjusted net loss of $6.5 million, or $0.04 per share. Both figures were above FireEye's guidance (provided in early August) for a wider per-share loss of $0.06 to $0.09 on revenue of $183 million to $189 million.

Image source: Getty Images.

Source: Fool.com