Wedbush Raises Price Target on Proofpoint, Inc. (PFPT) Following 3Q Results

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Go back to Wedbush Raises Price Target on Proofpoint, Inc. (PFPT) Following 3Q Results

Proofpoint Announces Strong Third Quarter 2015 Financial Results

October 21, 2015 4:05 PM EDT

Total revenue of $69.1 million, up 37% year-over-year Billings of $85.0 million, up 37% year-over-year Generated positive adjusted EBITDA of $2.4 million GAAP EPS loss of $0.71; Non-GAAP EPS loss of $0.06 Generated record free cash flow of $16.2 million or 23% of total revenue Increasing FY15 revenue and billings guidance

SUNNYVALE, Calif., Oct. 21, 2015 (GLOBE NEWSWIRE) -- Proofpoint, Inc. (NASDAQ: PFPT), a leading next-generation security and compliance company, today announced financial results for the third... More

Proofpoint Announces Strong Third Quarter 2015 Financial Results

October 21, 2015 4:05 PM EDT

Total revenue of $69.1 million, up 37% year-over-year Billings of $85.0 million, up 37% year-over-year Generated positive adjusted EBITDA of $2.4 million GAAP EPS loss of $0.71; Non-GAAP EPS loss of $0.06 Generated record free cash flow of $16.2 million or 23% of total revenue Increasing FY15 revenue and billings guidance

SUNNYVALE, Calif., Oct. 21, 2015 (GLOBE NEWSWIRE) -- Proofpoint, Inc. (NASDAQ: PFPT), a leading next-generation security and compliance company, today announced financial results for the third... More