Boston, MA 05/13/2014 (wallstreetpr) – In a recent press release, FireEye Inc (NASDAQ:FEYE) has divulged the guidance for the next quarter of this financial year, that is, Q2 of 2014. The company has also revealed the outlook for the entire year of 2014.
Guidance for Q2 2014
FireEye has divulged the guidance for the next quarter and even the entire year of 2014 based on the current situation of the market and expectations. The company for the next quarter of 2014 expects a total revenue ranging from $89 to $91 million. FireEye has also reported its expectations on a non-GAAP basis. The company expects the non-GAAP total billing to amount to a sum between $108 and $112 million. FireEyeexpects the non-GAAP gross margin to fall somewhere between 68 and 70%.
FireEye Inc (NASDAQ:FEYE)expects the non-GAAP research and development expenses amount to somewhere between 48 and 51% of the total revenue. FireEye expects the sales and marketing expenses to amount somewhere between 86 and 89% of the total revenue. The company also expects the general and administrative expenses to amount between 21 and 24% of the total revenue.FireEye also expects a non-GAAP loss per share equivalent to the sum between $0.58 and $0.63 for the second quarter of the year 2014.
Guidance for the year 2014
The company has also reported the guidance for the whole year of 2014 on a non-GAAP basis. As per this guidance, the company expects the non-GAAP total billings in the year to range between $550 and $570 million. FireEyeexpects the non-GAAP gross margin to fall somewhere between 70 and 73%. The company expects the non-GAAP research and development expenses amount to somewhere between 40 and 43% of the total revenue.
FireEye expects the sale and marketing expenses to amount somewhere between 82 and 85% of the total revenue. FireEye Inc (NASDAQ:FEYE) also expects the general and administrative expenses to amount between 19 and 22% of the total revenue. FireEye also expects a non-GAAP loss per share equivalent to the sum between $2.10 and $2.30 for the entire year of 2014.
