Proofpoint (NASDAQ: PFPT) reported Q1 EPS of ($0.12), $0.06 better than the analyst estimate of ($0.18). Revenue for the quarter came in at $42.7 million versus the consensus estimate of $40.7 million.

Proofpoint sees Q2 2014 revenue of $43-44 million, versus the consensus of $41.95 million.

Proofpoint sees FY2014 revenue of $178-180 million, versus the consensus of $178.85 million.

"We are very pleased with the strong start to the year, which was highlighted by our robust revenue and billings growth during the first quarter," stated Gary Steele, chief executive officer of Proofpoint. "Our ability to exceed expectations across all key operating metrics was driven by our continued high win rates across our entire product line, strong renewals, and expansion with our existing customers."

Steele continued, "As the competitive landscape continues to shift in our favor, Proofpoint remains in position to grow market share globally. Consequently, we remain committed to innovation in product development to extend our leadership position and to expansion of our sales and marketing infrastructure."

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