PFPT News and Press, Proofpoint Inc. From 08/19/20

Seeing Proofpoint (NASDAQ: PFPT ) shares as undervalued, Morgan Stanley upgrades the company from Equal-Weight to Overweight and nudges the price target up $3 to $134. More news on: Proofpoint, Inc., Technology Select Sector SPDR ETF, Tech stocks news, Stocks on the move, News on ETFs, ...

Source: cyberriskleaders Mimecast's ( MIME ) growth initiatives are compelling. Its move to win large enterprise deals will continue to drive average order value. This has been backed by its rapid pace of innovation via a flurry of product updates. These updates will drive Mimecast's compe...

For Proofpoint ( PFPT ), COVID-19 hit close to home. Proofpoint has to live with a new reality as its seat-based pricing model means furloughs and layoffs will affect ARR growth in the short term. This is a temporary headwind to its growth factor, which has done the bulk of the heavy lifting t...

With more than 90% of today's threats starting with a seemingly innocuous email, SailPoint Technologies Holdings, Inc. (NYSE: SAIL), the leader in identity management , and Proofpoint , Inc. (NASDAQ: PFPT), a leading cybersecurity and compliance company, have partnered to protect people&#...

Proofpoint ( PFPT ) reported 2Q results that were better than expected on most relevant metrics, including revenue, EPS, gross and operating margins, and cash flow. Revenue of $258.4 million was ahead of consensus estimate by $5.0 million or about a 2% beat. According to CFO Paul Auvil, "reven...

Image source: The Motley Fool. Proofpoint Inc   (NASDAQ: PFPT) Q2 2020 Earnings Call Jul 30, 2020 , 4:30 p.m. ET Operator Continue reading

Proofpoint, Inc. (PFPT) Q2 2020 Earnings Conference Call July 30, 2020 4:30 PM ET Company Participants Jason Starr - Vice President, Investor Relations Gary Steele - Chief Executive Officer & Chairman of the Board Paul Auvil - Chief Financial Officer Conference Call Partic...

For FY20, Proofpoint (NASDAQ: PFPT ) now sees revenue of $1.035-1.037B (consensus: $1.02B), $1.64-1.70 EPS (consensus: $1.51) , and FCF of $130-140M. Non-GAAP gross margin stays at 80%. More news on: Proofpoint, Inc., Tech stocks news, Stocks on the move, Earnings news and commentary, , ...

Proofpoint (NASDAQ: PFPT ) : Q2 Non-GAAP EPS of $0.51 beats by $0.12 ; GAAP EPS of -$0.39 beats by $0.42 . Revenue of $258.4M (+20.5% Y/Y) beats by $4.97M . Q2 operating cash flow of $30.6M and free cash flow of $18.8M. Press Release More news on: Proofpoint, Inc., Earnings new...

Second Quarter Highlights Total revenue of $258.4 million, up 21% year-over-year Billings of $250.0 million, up 8% year-over-year GAAP EPS of $(0.39) per share, Non-GAAP EPS of $0.51 per share Operating cash flow of $30.6 million and free cash flow of $18.8 million...