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PFPT - Cloud Stocks: What Should Proofpoint Acquire?
September, 22 2020 07:19 AM
Proofpoint Inc.
Proofpoint's Q2 revenues grew 21% to $258.4 million, ahead of the market's forecast of $253 million. For the third quarter, Proofpoint forecast revenues of $260-262 million with an EPS of $0.37-0.40. Rather than depend on partnerships, Proofpoint should go for an acquisition of a capital-efficient startup that would complement its offerings. For further details see:
Cloud Stocks: What Should Proofpoint Acquire?
Stock Information
Company Name:
Proofpoint Inc.
Stock Symbol:
PFPT
Market:
NASDAQ
Website:
proofpoint.com
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