Proofpoint Announces Second Quarter 2018 Financial Results
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July 27, 2018 12:55 PM EDT
FBN Securities raised its price target on Proofpoint (NASDAQ: PFPT) to $135.00 (from $130.00) while maintaining an Outperform rating.
Analyst Shebly Seyrafi commented, "Although PFPT beat expectations for FQ2 revenue, billings and EPS, we believe that the stock is exhibiting weakness today as the company is guiding for FQ3 billings of $218-$220M,... More
July 27, 2018 7:38 AM EDT
Needham & Company raised its price target on Proofpoint (NASDAQ: PFPT) to $140.00 (from $138.00) while maintaining a Buy rating.
Analyst Alex Henderson commented, "PFPT has sold off a bit on the print, but we note there is no issue in the numbers. Proofpoint delivered another... More
July 26, 2018 4:27 PM EDT
Proofpoint (NASDAQ: PFPT) reported Q2 EPS of $0.26, $0.09 better than the analyst estimate of $0.17. Revenue for the quarter came in at $171.9 million versus the consensus estimate of $169.46 million.
GUIDANCE:
Proofpoint sees Q3 2018 EPS of $0.25-$0.29, versus the consensus of $0.26. Proofpoint sees Q3... More
