Proofpoint Announces Second Quarter 2017 Financial Results

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Go back to Proofpoint Announces Second Quarter 2017 Financial Results

Proofpoint (PFPT) PT Raised to $104 at Wedbush Following 2Q Beat and Raise

July 28, 2017 9:14 AM EDT

Wedbush raised its price target on Proofpoint (NASDAQ: PFPT) to $104.00 (from $98.00) while maintaining a Outperform rating following the company's 2Q. Revenue of $122.3M was roughly $3M above consensus and the top end of guidance. EPS of $0.17 was $0.04 above consensus.

PFPT raised its... More

Proofpoint (PFPT) Tops Q2 EPS by 5c

July 27, 2017 4:15 PM EDT

Proofpoint (NASDAQ: PFPT) reported Q2 EPS of $0.17, $0.05 better than the analyst estimate of $0.12. Revenue for the quarter came in at $122.3 million versus the consensus estimate of $119.62 million.

GUIDANCE:

Proofpoint sees Q3 2017 EPS of $0.16-$0.18, versus the consensus of $0.16. Proofpoint sees Q3... More