Proofpoint Announces First Quarter 2017 Financial Results

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Stifel Reiterates Buy on Proofpoint (PFPT) Following 1Q Report

April 21, 2017 9:08 AM EDT

Stifel reiterated a Buy rating and $90.00 price target on Proofpoint (NASDAQ: PFPT) Following the company's 1Q earnings report. Proofpoint reported 1Q17 results that exceeded consensus expectations across all major financial metrics. Proofpoint generated total revenue of $113.3mn, beating the Street estimate of $110.6mn.

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Proofpoint (PFPT) PT Raised to $90 at Deutsche Bank

April 21, 2017 8:27 AM EDT

Deutsche Bank raised its price target on Proofpoint (NASDAQ: PFPT) to $90.00 (from $85.00) while maintaining a Buy rating.

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Proofpoint (PFPT) Tops Q1 EPS by 3c

April 20, 2017 4:06 PM EDT

Proofpoint (NASDAQ: PFPT) reported Q1 EPS of $0.12, $0.03 better than the analyst estimate of $0.09. Revenue for the quarter came in at $113.3 million versus the consensus estimate of $110.58 million.

GUIDANCE:

Proofpoint sees Q2 2017 EPS of $0.11-$0.13, versus the consensus of $0.11.

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

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