FireEye (NASDAQ: FEYE) announced better-than-expected fourth-quarter 2019 results late Wednesday. But it sure didn't feel that way, with shares of the cybersecurity platform company opening sharply lower Thursday before settling down around 2% by the end of the session.
As has been the case the past few quarters, it seems the market isn't quite ready to accept FireEye's ongoing transition toward becoming a more comprehensive security platform leader rather than "just" a network-security product vendor. And it certainly doesn't help that billings -- generally a key metric for gauging future growth -- arrived well below guidance.
Still, let's take a look at FireEye's headline numbers to see how it fared to end 2019: