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home / news releases / PFPT - Proofpoint: Work From Home Trend Could Be Long-Term Tailwind For Email Security

PFPT - Proofpoint: Work From Home Trend Could Be Long-Term Tailwind For Email Security

Proofpoint Inc.
  • Proofpoint reported better than expected Q2 results with revenue and EPS coming in nicely above expectations.
  • 2020 revenue guidance was raised and was above consensus expectations, though investors continue to focus on billings growth.
  • Valuation has pulled back since the company reported earnings and appears pretty attractive at only ~5.2x my 2021 revenue estimate.

For further details see:

Proofpoint: Work From Home Trend Could Be Long-Term Tailwind For Email Security
Stock Information
Company Name: Proofpoint Inc.
Stock Symbol: PFPT
Market: NASDAQ
Website: proofpoint.com
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