Shares of FireEye Inc (NASDAQ:FEYE) ended Thursday session in red amid volatile trading. The shares closed down -0.37 points or -2.49% at $14.49 with 3.59 million shares getting traded. Post opening the session at $14.85, the shares hit an intraday low of $14.32 and an intraday high of $14.90 and the price vacillated in this range throughout the day. The company has a market cap of $2.47 billion and the numbers of outstanding shares have been calculated to be 169.68 million shares.
FireEye Inc (FEYE) provides cybersecurity solutions for detecting, preventing, analyzing, 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. It also offers Central Management System that provides cross-enterprise threat data correlation to identify and block attacks across multiple attack vectors; and Threat Analytics Platform to identify and respond to cyber threats by correlating enterprise-generated security event data from any security product with real-time threat intelligence, as well as Malware Analysis System to manually execute and inspect advanced malware, zero-day, and other advanced cyber-attacks embedded in files, email attachments, and Web objects.
Shares of AVG Technologies NV (NYSE:AVG) ended Thursday session in green amid volatile trading. The shares closed up +0.05 points or 0.20% at $25.02 with 946,959.00 shares getting traded. Post opening the session at $24.98, the shares hit an intraday low of $24.98 and an intraday high of $25.02 and the price vacillated in this range throughout the day. The company has a market cap of $1.27 billion and the numbers of outstanding shares have been calculated to be 50.63 million shares.
AVG Technologies NV (AVG) on Aug. 8, 2016 reported results for the second quarter ended June 30, 2016.
Revenue for the second quarter of 2016 was $105.0 million, compared with $107.8 million in the second quarter of 2015, a decrease of 2.6% compared to the prior year. GAAP net income for the second quarter was $6.9 million, or $0.13 per diluted ordinary share. This compares with net income of $8.5 million, or $0.15 per diluted ordinary share in the prior year’s second quarter.
Non-GAAP net income for the second quarter was $22.8 million, or $0.44 per diluted ordinary share. This compares with non-GAAP net income of $24.6 million, or $0.47 per diluted ordinary share for the same period of the prior year.
GAAP Operating income was $12.4 million, compared with $13.8 million for the second quarter of 2015. Operating cash flow was $19.3 million for the quarter, compared with $15.5 million for the second quarter last year. Free cash flow was $15.1 million for the quarter, compared with $11.8 million for the same period in the prior year.