New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 9, 2014
17:49 EDTIMPV, CHKP, FTNT, FEYE, PANW, SYMCImperva plummets after lowering Q1 EPS and revenue outlook
Imperva (IMPV), a data security solutions company, is down more than 34% in extended trading after the company lowered its first quarter earnings per share and revenue outlook. WHAT'S NEW: Imperva said it now sees a Q1 adjusted EPS view of (44c)-(40c), down from (37c)-(33c) and below the analyst consensus of (35c). The company also lowered its Q1 revenue view to $31M-$31.5M from $36M-$37M, below a consensus of $36.69M. The company said its Q1 results "were primarily impacted by extended sales cycles on deals over $100,000, which led to delays in receiving anticipated orders from customers, particularly in the U.S., which resulted in lower than expected revenue for products." ANALYST REACTION: Wells Fargo said it believes the magnitude of Imperva's Q1 miss will weigh on the Cyber Security industry since expectations for the group were relatively high going into earnings. Wells noted, however, that it saw little direct fundamental implications for other names in the group as Imperva's issues were likely more company specific. PRICE ACTION: Imperva is trading down $16.98, or 34.14%, to $32.75 in the after-hours. OTHERS TO WATCH: Other names in the space include Check Point (CHKP), Fortinet (FTNT), FireEye (FEYE), Palo Alto (PANW) and Symantec (SYMC). Both Fortinet and FireEye are trading down over 2% in the after-hours.
News For IMPV;CHKP;FTNT;FEYE;PANW;SYMC From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
October 22, 2014
06:44 EDTFTNT, CHKP, FEYE, PANW, SYMC, IMPVU.S. weighing cybersecurity requirements for bank vendors, NY Times says
Subscribe for More Information
October 21, 2014
07:30 EDTPANWPalo Alto price target raised to $115 from $100 at Oppenheimer
Oppenheimer raised its price target for Palo Alto Networks shares to $115 after meeting with management and reiterates an Outperform rating on the stock. The firm thinks shares can continue to move higher as the company's fundamentals remain intact.
October 20, 2014
16:07 EDTIMPVImperva announces Kim DeCarlis joins company as CMO
Subscribe for More Information
October 16, 2014
10:01 EDTFEYEOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
05:31 EDTFEYEFireEye upgraded to Overweight from Neutral at JPMorgan
Subscribe for More Information
October 14, 2014
18:20 EDTPANWOn The Fly: After Hours Movers
Subscribe for More Information
17:41 EDTPANWPalo Alto CEO sees reaching operating margins goal within next two years
Subscribe for More Information
17:39 EDTPANWPalo Alto CEO not concerned about margins
17:37 EDTPANWPalo Alto CEO says customers more thoughtful about purchases
Subscribe for More Information
October 13, 2014
09:23 EDTFEYE, CHKP, FTNTHP could buy lower valuation company, says Bernstein
Subscribe for More Information
08:05 EDTSYMCSymantec spun off companies could become targets, says Argus
Subscribe for More Information
October 12, 2014
17:34 EDTFEYE, PANW, SYMCJPMorgan to double spending on cybersecurity over next five years, WSJ says
Subscribe for More Information
October 10, 2014
17:14 EDTSYMCMarket ends week lower amid global growth worries
Subscribe for More Information
10:01 EDTSYMCOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
09:08 EDTSYMCSymantec upgraded at Raymond James
Subscribe for More Information
08:17 EDTSYMCSymantec split unlikely to create shareholder value, says Pacific Crest
Subscribe for More Information
07:51 EDTSYMCSymantec may face heightened execution risk, says Wells Fargo
Subscribe for More Information
07:42 EDTSYMCSymantec upgraded to Outperform from Market Perform at Raymond James
Subscribe for More Information
07:21 EDTSYMCSymantec price target raised to $30 from $27 at JMP Securities
Subscribe for More Information
06:48 EDTSYMCSymantec volatility low into announcing plans to separate into two companies
Subscribe for More Information
1 | 2 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use