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MarketScreener Homepage  >  Equities  >  Nasdaq  >  FireEye Inc    FEYE

FIREEYE INC

(FEYE)
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FireEye : Canada Opens New Headquarters in Toronto; New office to meet the needs of growing Canadian customer base

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06/19/2019 | 04:16am EDT

MILPITAS, Calif. -- FireEye, Inc. (NASDAQ: FEYE), the intelligence-led security company, today announced the opening of its new headquarters for FireEye Canada. Located in the heart of the financial district in downtown Toronto, the newly renovated office reflects the growing investment FireEye is making in the Canadian market.

"We continue to expand our presence in the Canadian market, reflecting the growing opportunity in the region," said Greg Davison, Area Vice President & General Manager of FireEye Canada. "The new office space is in a prime location in Canada's largest city, and it will better enable us to serve our clients and partners, grow our team and showcase all the talent and capabilities FireEye has to offer to the Canadian security marketplace."

The new space will accommodate approximately half of the FireEye Canadian team, including FireEye Mandiant® cyber security consultants, system engineers, and sales & marketing personnel. Increasingly Complex Canadian Threat Landscape Fuels Security Demand

There has been increased activity by threat actors targeting Canadian organizations. This activity, along with new regulations and talent shortages, make running an effective and compliant security program more challenging than ever.

"FireEye has observed cyber espionage groups from China, Russia, and Iran targeting Canada in recent years. Organizations in the government, defense, high-tech, non-profit, transportation, energy, telecommunications, education, and media sectors, among others, have been impacted," continued Davison. "Canadian organizations are increasingly targeted by these groups, and along with newer Federal and Provincial privacy laws such as PIPEDA, organizations are putting greater emphasis on their security posture. With our platform, products, threat intelligence and services, FireEye is uniquely positioned to help Canadian organizations build an effective security program and our new Canadian headquarters enables us to do that better than ever before." About FireEye, Inc.

FireEye is the intelligence-led security company. Working as a seamless, scalable extension of customer security operations, FireEye offers a single platform that blends innovative security technologies, nation-state grade threat intelligence, and world-renowned Mandiant consulting. With this approach, FireEye eliminates the complexity and burden of cyber security for organizations struggling to prepare for, prevent, and respond to cyber attacks. FireEye has over 7,900 customers across 103 countries, including more than 50 percent of the Forbes Global 2000.

© 2019 FireEye, Inc. All rights reserved. FireEye and Mandiant are registered trademarks or trademarks of FireEye, Inc. in the United States and other countries. All other brands, products, or service names are or may be trademarks or service marks of their respective owners. Contacts

Media

Dan Wire

FireEye, Inc.

Media.Relations@FireEye.com

415-895-2101

Investor

Kate Patterson

FireEye, Inc.

Investor.Relations@FireEye.com

408-321-4957

.

(C) 2019 M2 COMMUNICATIONS, source M2 PressWIRE

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Financials ($)
Sales 2019 892 M
EBIT 2019 39,0 M
Net income 2019 -215 M
Finance 2019 211 M
Yield 2019 -
P/E ratio 2019 -
P/E ratio 2020
EV / Sales 2019 3,05x
EV / Sales 2020 2,71x
Capitalization 2 932 M
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Mean consensus OUTPERFORM
Number of Analysts 24
Average target price 19,6 $
Spread / Average Target 36%
EPS Revisions
Managers
NameTitle
Kevin R. Mandia Chief Executive Officer & Director
Travis M. Reese President
Enrique T. Salem Chairman
Frank E. Verdecanna Chief Financial & Accounting Officer, Executive VP
Grady K. Summers Chief Technology Officer & Executive VP
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