MILPITAS, Calif. (AP) _ FireEye Inc. (FEYE) on Tuesday reported a loss of $50.6 million in its first quarter.

On a per-share basis, the Milpitas, California-based company said it had a loss of 24 cents. Earnings, adjusted for stock option expense and non-recurring costs, came to 8 cents per share.

The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 7 cents per share.

The computer security software company posted revenue of $246.3 million in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $237.3 million.

For the current quarter ending in July, FireEye expects its per-share earnings to range from 8 cents to 9 cents.

The company said it expects revenue in the range of $246 million to $250 million for the fiscal second quarter. Analysts surveyed by Zacks had expected revenue of $244.2 million.

FireEye expects full-year earnings in the range of 39 cents to 41 cents per share, with revenue ranging from $1.01 billion to $1.03 billion.

FireEye shares have fallen roughly 10% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $20.82, a climb of 81% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FEYE at https://www.zacks.com/ap/FEYE

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