PFPT News and Press, Proofpoint Inc. From 02/25/20

SUNNYVALE, Calif., Feb. 25, 2020 (GLOBE NEWSWIRE) -- Proofpoint , Inc., (NASDAQ: PFPT), a leading cybersecurity and compliance company, today announced the industry’s first integrated, end-to-end solutions that address business email compromise (BEC) and email account compromise (...

Source: Hedgeeye Check Point's ( CHKP ) short interest has been reported to be on the rise. For this to be worth the attention of investors, three things have to be true given the solid nature of its financials and strong demand for cybersecurity solutions: Sales weakness in North...

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Seasonal tailwinds driven by end of year retirement contributions, bonuses, and portfolio re-balancing has offset uncertainty so far in 2020. Despite risks associated with impeachment, trade tariffs, and economic headwinds due to coronavirus quarantines in China, the S&P 500 has marched to...

Source: Formula1 FireEye ( FEYE ) reported in-line results as it continues to navigate away from the dwindling appliance-based business. Billings came in soft with a growth of 3% in the quarter and a growth of over 8% for the year. Cloud revenue and ARR came in strong. The services seg...

According to IDC, the global cybersecurity market grew 9% to $103.1 billion in 2019 and is expected to grow at 9% CAGR to reach $133.8 billion by 2022. Recently, San Francisco-based Proofpoint (PFPT) announced its fourth-quarter results that surpassed market expectations. Proofpoint's Fin...

Source: Proofpoint After reporting strong double-digit revenue growth last quarter, Proofpoint (PFPT) also provided strong revenue guidance . The $2 billion in yearly revenue target by 2023/2024 means investors will enjoy a strong growth factor that will dilute valuation multiples. Re...

Not surprisingly, Proofpoint ( PFPT ) reported another strong quarter with revenue, margins, and EPS all coming in ahead of expectations. Management provided 2020 guidance that was strong than expected, yet the stock initially traded down. However, over the past week, the stock has since recov...

Source: euromoney Unprofitable cloud stocks ( SKYY ) are more expensive than their profitable counterparts. While there is little difference in the total addressable market of top stocks in both groups, unprofitable SaaS plays seem to have a better ability to rake in international revenu...

SUNNYVALE, Calif., Feb. 03, 2020 (GLOBE NEWSWIRE) -- Proofpoint , Inc., (NASDAQ: PFPT), a leading cybersecurity and compliance company, today released its Cost of Insider Threats 2020 Global Report to identify the costs and trends associated with negligent, compromised, and malicio...