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What: Shares of cybersecurity technologist FireEye (NASDAQ:FEYE) plummeted 22% today after issuing a disappointing short-term outlook.

So what: The stock has plummeted in recent months on concerns over slowing growth, so today's downbeat current-quarter and full-year guidance only reinforce those worries. And while FireEye's Q1 results -- net loss of $101.2 million on a revenue spike of 161% -- managed to top estimates, softer-than-expected license performance is giving analysts some negative vibes over its competitive position going forward.

Now what: Management now sees a full-year loss of $2.10 to $2.30 per share on revenue of $405 million to $415 million, versus the consensus of a $2.03-per-share loss and revenue of $407 million. "We continued to redefine the security landscape as we executed on our strategic roadmap, integrating Mandiant's operations, introducing multiple new products, and expanding our global reach with new reseller and service provider partners," said Chairman and CEO David DeWalt. "As a result, we are a larger, more diversified company, and our security platform has never been more differentiated." More importantly, with a rock-solid balance sheet and severely beaten stock price -- now off about 70% from its 52-week highs -- FireEye's downside might be limited enough to bet on that bullishness.

Brian Pacampara has no position in any stocks mentioned, and neither does The Motley Fool. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.