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Needham & Company Reiterates Buy on Proofpoint (PFPT) Following Strong 3Q

Go back to Needham & Company Reiterates Buy on Proofpoint (PFPT) Following Strong 3Q

Proofpoint Signs Definitive Agreement to Acquire FireLayers, Extending Targeted Attack Protection (TAP) to SaaS Applications

October 20, 2016 4:10 PM EDT

SUNNYVALE, Calif., Oct. 20, 2016 (GLOBE NEWSWIRE) -- Proofpoint, Inc., (NASDAQ: PFPT), a leading next-generation cybersecurity company, has entered into a definitive agreement to acquire FireLayers, an innovator in cloud security. With this acquisition, Proofpoint will extend... More

Proofpoint Announces Strong Third Quarter 2016 Financial Results

October 20, 2016 4:06 PM EDT

Total revenue of $99.8 million, up 44% year-over-yearBillings of $124.8 million, up 47% year-over-yearGAAP EPS of ($0.44) per share, Non-GAAP EPS of $0.19 per share Increasing FY16 billings, revenue, profitability and cash flow guidance

SUNNYVALE, Calif., Oct. 20, 2016 (GLOBE NEWSWIRE) -- Proofpoint, Inc. (NASDAQ: PFPT), a leading next-generation security and compliance company, today announced financial results for the third quarter ended September 30, 2016.

The third quarter marked another great quarter for the company, stated Gary Steele, chief executive... More