Proofpoint Announces Fourth Quarter and Full Year 2017 Financial Results

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Proofpoint (PFPT) PT Raised to $114 at Wedbush

February 7, 2018 6:54 AM EST

Wedbush raised its price target on Proofpoint (NASDAQ: PFPT) to $114.00 (from $108.00) while maintaining an Outperform rating.

Analyst Steve Koenig commented, "PFPT closed FY17 on a strong note, as we anticipated based on our reseller checks, hiring analysis, and broader IT spending... More

Proofpoint (PFPT) Tops Q4 EPS by 9c, Guidance Falls Short

February 6, 2018 4:13 PM EST

Proofpoint (NASDAQ: PFPT) reported Q4 EPS of $0.29, $0.09 better than the analyst estimate of $0.20. Revenue for the quarter came in at $145.4 million versus the consensus estimate of $139.49 million.

GUIDANCE:

Proofpoint sees Q1 2018 EPS of $0.15-$0.17, versus the consensus of $0.19. Proofpoint sees Q1... More