Proofpoint Announces Third Quarter 2018 Financial Results
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Proofpoint (PFPT) PT Lowered to $117 at RBC Capital
October 26, 2018 7:34 AM EDTRBC Capital analyst Matthew Hedberg lowered the price target on Proofpoint (NASDAQ: PFPT) to $117.00 (from $140.00) while maintaining a Outperform rating.
The analyst commented, "Against mixed sentiment and a lot of moving parts, Proofpoint delivered a solid quarter offset by lower 2019 guidance (could... More
Proofpoint (PFPT) Tops Q3 EPS by 13c, Revenues Beat; Offers FY18 EPS Guidance Above Consensus, Boosts Billings, Revenue and Profitability Guidance
October 25, 2018 4:48 PM EDTProofpoint (NASDAQ: PFPT) reported Q3 EPS of $0.40, $0.13 better than the analyst estimate of $0.27. Revenue for the quarter came in at $184.2 million versus the consensus estimate of $181.35 million.
Total revenue of $184.2 million, up 37% year-over-yearBillings of $221.4 million, up 33% year-over-yearGAAP EPS of $(0.69) per share, Non-GAAP EPS of $0.40 per shareGenerated operating cash flow of $64.7 million and free cash flow of $58.2... More