IPO Preview: FireEye

From IPO Analysis from Seeking Alpha
September 19, 2013 - 6:21pm

By IPOdesktop: Based in Milpitas, CA, FireEye (FEYE) scheduled a $182 million IPO with a market capitalization of $1.5 billion million at a price range mid-point of $13, for Friday, September 20, 2013.Nine IPOs are scheduled for this week, 12 for next week. The full IPO calendar can be found at IPOpremiumS-1 filed September 9, 2013Manager, Joint Managers: Morgan Stanley; Goldman; J.P. Morgan; Barclays Co-Managers: BofA Merrill Lynch UBS Securities/ NomuraSummary FEYE invented a purpose-built, virtual machine-based security platform that provides real-time protection to enterprises and governments worldwide against the next generation of cyber attacks.For the six months ended June 2013 revenue reached $62 million, with 48\% from subscriptions. Losses reached-$63 million from $14 million in the year earlier period.Operating expenses increased from $13.5mm to $63.5mm for June '13 vs June '12 2010 yr 2011 yr 2012 yr June 6 mos Complete Story »

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