FireEye, Inc. (NASDAQ:FEYE) Q3 2020 Earnings Conference Call - Final Transcript

Oct 27, 2020 • 05:00 pm ET


FireEye, Inc. (NASDAQ:FEYE) Q3 2020 Earnings Conference Call - Final Transcript


Loading Event

Loading Transcript


Good day, everyone and welcome to the FireEye Third Quarter 2020 Earnings Results Conference Call. [Operator Instructions]

At this time, I would like to turn the call over to Kate Patterson. Please go ahead.

Kate Patterson

Thank you, Josh. Good afternoon and thanks to everyone on the call for joining us today to discuss FireEye's financial results for the third quarter of 2020. This call is being broadcast live over the Internet and can be accessed from the Investor Relations section of FireEye's website at

With me on today's call are Kevin Mandia, FireEye's Chief Executive Officer; Frank Verdecanna, Executive Vice President, Chief Financial Officer and Chief Accounting Officer of FireEye; and Christopher Key, FireEye's Executive Vice President of Products for Mandiant Solutions.

After the market closed today FireEye issued a press release announcing the results for the third quarter of 2020. Before we begin, let me remind you that FireEye's management will make forward-looking statements during the course of this call, including statements relating to FireEye's guidance and expectations for certain financial results and metrics; FireEye's priorities, initiatives, plans and investments, drivers and expectations for growth and business transformation, the expansion of FireEye's products, subscriptions and services and expectations, benefits, capabilities and availability of new and enhanced offerings, market opportunities and go-to-market strategies.

These forward-looking statements involve a number of risks and uncertainties, some of which are beyond our control, which could cause actual results to differ materially from those anticipated by these statements. These forward-looking statements apply as of today, and you should not rely on them as representing our views in the future, and we undertake no obligation to update these statements after the call. For a detailed description of risks and uncertainties, please refer to our SEC filings as well as our earnings release posted an hour ago. Copies of these documents may be obtained from the SEC or by visiting the Investor Relations section of our website.

Additionally, certain non-GAAP financial measures will be discussed on this call. We have provided reconciliations on these non-GAAP financial measures for the most directly comparable GAAP financial measures in the Investor Relations section of the website as well as in the earnings release. Finally, I'd like to also point out that we have posted supplemental slides and financial statements on the Investor Relations section of the website.

With that, I'll turn the call over to Kevin.

Kevin Mandia

Thank you, Kate. And I would like to thank all of you for joining us today and I hope that you and your loved ones are healthy and safe. I remain proud of the FireEye team and how we have adapted to new challenges that have emerged for all of us. We continue to transform FireEye while delivering strong results each quarter. Our results over the last few quarters reflect both stabilization of our product businesses and strong continued demand for our emerging solutions and services.

Today, I'll discuss some of the operating highlights of the third quarter and then provide more details on