Proofpoint Announces Strong First Quarter 2016 Financial Results
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April 25, 2016 7:05 AM EDT
Imperial Capital reiterated an Outperform rating on Proofpoint (NASDAQ: PFPT), and raised the price target to $69.00 (from $68.00), following the company's 1Q earnings report. PFPT reported revenue of $79.0mn and adjusted EPS loss was $0.09, compared with Street revenue estimates of $76.3mn and adjusted EPS loss estimates $0.14.... More
April 22, 2016 7:53 AM EDT
Wedbush maintained an Outperform rating on Proofpoint (NASDAQ: PFPT), and raised the price target to $78.00 (from $77.00), following the company's 1Q earnings report. PFPT reported a $3M revenue beat; $0.05 non-GAAP EPS beat; and a $6M billings beat. Wedbush attributes the strong 1Q performance to TAP,... More
April 21, 2016 4:13 PM EDT
Proofpoint (NASDAQ: PFPT) reported Q1 EPS of ($0.09), $0.05 better than the analyst estimate of ($0.14). Revenue for the quarter came in at $79 million versus the consensus estimate of $76.31 million.
GUIDANCE:
Proofpoint sees Q2 2016 EPS of ($0.07)-($0.08), versus the consensus of ($0.08). Proofpoint sees Q2... More
