FireEye Inc Tumbles, Nu Skin Enterprises, Inc. Soars On Outlooks

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FireEye and Nu Skin released their latest earnings reports after closing bell tonight. FireEye reported losses of 33 cents per share on $175 million in revenue, compared to the consensus estimates of 39 cents per share in adjusted losses and $181.7 million in revenue. In the same quarter last year, the cyber-security firm posted adjusted losses of 41 cents per share on $147.2 million in revenue.

Nu Skin posted earnings of 79 cents per share on $600.5 million, against the consensus estimates of 79 cents per share in earnings and $581.6 million in sales. In last year’s second quarter, the company reported earnings of 75 cents per share and $560.2 million in revenue.

FireEye plunges on weak guidance

FireEye said its GAAP loss per share was 86 cents, compared to last year’s GAAP loss of 87 cents per share. Billings rose 10% year over year to $196.4 million. The GAAP operating margin was -73%, compared to the year-ago quarter’s -87%. The non-GAAP operating margin improved to -28% from -41% in last year’s second quarter.

“Our second quarter results showed fundamental strength in several areas — sales of our next generation endpoint offering increased more than 65 percent from a year ago, renewal billings were strong, we added more than 300 new customers, and we closed 40 transactions above $1 million,” FireEye CEO Kevin Mandia said in a statement. “Although total billings and revenue were below our expectations, efforts to optimize our cost structure resulted in a sequential decline in our costs and loss per share exceeded our expectations.”

FireEye management expect third quarter losses to be between 30 cents and 32 cents per share, which is worse than the consensus of 24 cents per share in losses. They expect revenue for the quarter to be between $180 million and $186 million, compared to the consensus of $208.23 million. They project adjusted billings of between $200 million to $215 million.

For the full year, the cyber-security firm expects losses of $1.28 to $1.32, compared to the consensus of $1.24 per share in losses. It expects full-year revenue of $716 million to $728 million, which again is far short of the consensus at $793.74 million. FireEye projects non-GAAP billings of $835 million to $855 million for the full year.

Shares of FireEye plunged in after-hours trading, falling by as much as 14.63% to $14.30.

Nu Skin surges after raising sales outlook

Nu Skin’s Greater China sales grew 18% to $236.7 million, while revenue from its North Asia segment slipped 4% to $165.9 million. Americas revenue tumbled 19% to $67.9 million, but South Asia/ Pacific revenue surged 36% to $92.3 million. Revenue from Europe, the Middle East and Africa rose 6% to $37.7 million. Nu Skin saw a 19.5% increase in the number of active sales leaders in Greater China and a 7.1% increase in the EMEA region, but the number of actives declined in all the other regions.

The company increased its revenue guide for the full year to between $2.2 billion and $2.24 billion. It expects revenue for the third quarter to be between $560 million and $580 million and earnings for the quarter to be between 80 cents and 84 cents per share.

Nu Skin Shares surged in after-hours trades climbing as much as 10.01% to $59.

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