Proofpoint Announces Second Quarter 2018 Financial Results

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Proofpoint (PFPT) PT Raised to $135 at FBN Securities

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

Proofpoint (PFPT) PT Raised to $140 at Needham & Company

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

Proofpoint (PFPT) Tops Q2 EPS by 9c, Offers Q3 and FY Guidance

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