Seeking Alpha

More on Sourcefire's Q3: Q4 guidance is for revenue of $62M-$64M and EPS of $0.27-$0.29 vs. a...

More on Sourcefire's Q3: Q4 guidance is for revenue of $62M-$64M and EPS of $0.27-$0.29 vs. a consensus of $61.7M and $0.28. That's a relief for investors on edge thanks to disappointing results/guidance from security hardware peers Check Point, Fortinet, and Juniper. U.S. commercial sales +31% Y/Y and international +69%, though U.S. federal was soft at +4%. 26 $500K+ deals were reached, up from Q2's 13, and 26% of revenue came from new customers. FIRE +14.7% - 19.3% of the float was shorted as of Oct. 15. (PR)
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