On Friday, Shares of FireEye, Inc. (NASDAQ:FEYE), lost -6.85% to $44.49.
FireEye declared financial results for the second quarter of 2015.
Second Quarter 2015 Revenue and Billings
Revenue: Second quarter revenue was $147.2 million, an enhance of 56 percent from the second quarter of 2014 and above the formerly issued guidance range of $140 to $144 million. Total revenue comprised of product revenue of $49.7 million, product subscription revenue of $48.5 million, support and maintenance revenue of $21.4 million and professional services revenue of $27.6 million.
Billings: Second quarter billings were $178.3 million, an enhance of 57 percent from the second quarter of 2014 and above the formerly issued guidance range of $165 to $170 million. Total billings comprised of product billings of $48.8 million, product subscription billings of $72.5 million, support and maintenance billings of $31.1 million, and professional services billings of $25.9 million. The average contract length for new subscription and support billings was about 31 months, contrast to about 29 months in the second quarter of 2014.
FireEye, Inc., together with its auxiliaries, provides cybersecurity solutions for detecting, preventing, and resolving cyber-attacks. The company offers vector-specific appliance solutions that provide threat protection from network to endpoint for inbound and outbound network traffic that may contain sensitive information.
Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT), inclined 1.17% to $26.85, during its last trading session, after the hotel company stated second-quarter earnings that beat analysts’ estimates and said it will start paying a dividend.
Adjusted earnings per share rose to 25 cents from 21 cents a year earlier, the McLean, Virginia-based company said in a statement Wednesday. The average estimate of 19 analysts was for 23 cents a share. Hilton, which went public in December 2013, said it will pay a quarterly dividend of 7 cents a share. Bloomberg Reports
Hilton’s earnings report reassured some analysts who were concerned that disappointing results by lodging real estate investment trusts counting LaSalle Hotel Properties might be a sign of flagging demand in the industry. Carlo Santarelli, an analyst with Deutsche Bank AG, said Hilton’s strong quarter makes it an attractive entry to the hotel market for investors.
Hilton Worldwide Holdings Inc., a hospitality company, owns, leases, manages, develops, and franchises hotels, resorts, and timeshare properties worldwide. The company operates hotels under 12 brand names, counting Hilton Hotels & Resorts, Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Canopy by Hilton, Curio-A Collection by Hilton, DoubleTree by Hilton, Embassy Suites Hotels, Hilton Garden Inn, Hampton Hotels, Homewood Suites by Hilton, Home2 Suites by Hilton, and Hilton Grand Vacations.
Finally, Fluor Corporation (NYSE:FLR), ended its last trade with -8.15% loss, and closed at $46.75, hitting its lowest level.
Fluor Corporation declared that it has signed an agreement to divest 50 percent of shares in its Spanish operations, Fluor S.A., to Sacyr Industrial S.L.U., a leading multinational Spanish construction company. The new entity, SacyrFluor, will be headquartered in Fluor’s Madrid operations center. The value of the divestiture is €39 million.
SacyrFluor will provide project administration, engineering, procurement, construction administration and self-perform construction services for the energy and chemicals industry in Spain, Southern Europe, North Africa and certain countries in South America.
Fluor Corporation, through its auxiliaries, provides engineering, procurement, construction, fabrication and modularization, commissioning and maintenance, and project administration services worldwide. The company operates in five segments: Oil & Gas, Industrial & Infrastructure, Government, Global Services, and Power.
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