Proofpoint Announces Fourth Quarter and Full Year 2016 Financial Results

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Proofpoint (PFPT) PT Raised to $90 at Wedbush; Accumulate on Any Pullback

January 27, 2017 6:51 AM EST

Wedbush raised its price target on Proofpoint (NASDAQ: PFPT) to $90.00 (from $87.00) while maintaining a Outperform rating following results. The analyst is telling clients to use any pullback to accumulate.

Analyst Steve Koenig commented, "PFPTs visibility, sales execution, and product differentiation contribute to its... More

Proofpoint (PFPT) Tops Q4 EPS by 5c, Offers Q1 & FY Guidance

January 26, 2017 4:13 PM EST

Proofpoint (NASDAQ: PFPT) reported Q4 EPS of $0.18, $0.05 better than the analyst estimate of $0.13. Revenue for the quarter came in at $106.8 million versus the consensus estimate of $104.81 million.

GUIDANCE:

Proofpoint sees Q1 2017 EPS of $0.07-$0.09, versus the consensus of $0.05. Proofpoint sees Q1... More