Proofpoint (PFPT) Tops Q1 EPS by 15c

Proofpoint (NASDAQ: PFPT) reported Q1 EPS of $0.63, $0.15 better than the analyst estimate of $0.48. Revenue for the quarter came in at $308.7 million versus the consensus estimate of $296.32 million.

“We were very pleased with our strong operating results for the second quarter and our team’s solid execution year-to-date,” stated Gary Steele, chief executive officer of Proofpoint. “Our unique people-centric approach to threat protection, information protection, and compliance is gaining traction in the market and increasing in its importance in protecting our customers from the risks they face in today’s active threat landscape. We look forward to completing our announced transaction to be acquired by Thoma Bravo in the third quarter, which will provide significant value for our shareholders and enable us to make further investments in protecting our customers in the years ahead.”

For earnings history and earnings-related data on Proofpoint (PFPT) click here.

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