Proofpoint (PFPT) Tops Q4 EPS by 9c

Proofpoint (NASDAQ: PFPT) reported Q4 EPS of $0.51, $0.09 better than the analyst estimate of $0.42. Revenue for the quarter came in at $275.1 million versus the consensus estimate of $269.28 million.

“Our strong fourth quarter financial results closed out a challenging year on an exceptionally positive note,” stated Gary Steele, chief executive officer of Proofpoint. “The targeted investments we’ve made in expanding the scale of our team and people-centric cybersecurity and compliance services are expected to play an important role in accelerating our growth over the course of 2021 and capture the significant market opportunity that lies ahead.”

GUIDANCE:

Proofpoint sees Q1 2021 EPS of $0.39-$0.40, versus the consensus of $0.38. Proofpoint sees Q1 2021 revenue of $280-282 million, versus the consensus of $275.2 million.

Proofpoint sees FY2021 EPS of $1.91-$1.99, versus the consensus of $2.05. Proofpoint sees FY2021 revenue of $1.19-1.2 billion, versus the consensus of $1.19 billion.

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

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