PFPT News and Press, Proofpoint Inc. From 11/22/20

In this series, we have been looking at the performance of SaaS (software as a service) stocks and their performance over time. The group stocks passing the Rule of 40, balancing sales growth and profitability, have been a very good bet over the last 15 years. In previous installm...

Though sector rotation is going on among investors and value is being preferred overgrowth, Global X Cloud Computing ETF remains a solid long-term growth story. It is a young ETF (inception in December 2019) that is currently focused on investing in productivity-linked cloud-based sof...

Proofpoint is still struggling from COVID-19-related headwinds. Proofpoint's growth options have significantly improved. Given its strong cash flows, investing to accelerate growth won't be a problem. This will be supported by Proofpoint's unique competitive positioning. The e...

Digital transformation is considered by many to be the fourth industrial revolution. Cloud computing is the heart of the transformation. CLOU is an excellent way of investing in a broad spectrum of cloud computing stocks. The risk is fairly evenly spread amongst the 35 stocks in the f...

SUNNYVALE, Calif., Nov. 16, 2020 (GLOBE NEWSWIRE) -- Proofpoint, Inc. (NASDAQ: PFPT), a leading cybersecurity and compliance company, today announced that it has been named the winner of the “Overall Enterprise Email Security Solution Provider of the Year” awa...

In this series, we have been looking at SaaS companies who pass the Rule of 40, a rule of thumb balancing sales growth and profitability. Rule of 40 stocks have outperformed the broader indices and IT benchmarks over the last 15 years, as have stocks in our All Software Stocks univers...

Expecting slowing growth as the pandemic continues, Summit Insights downgrades Proofpoint (PFPT) from Buy to Hold and cuts $40 off the price target for $100. PFPT shares are down 1% to $94.78.Last week, Proofpoint reported Q3 beats with revenue up 17% Y/Y and raised its full-year outlook...

SUNNYVALE, Calif., Nov. 02, 2020 (GLOBE NEWSWIRE) -- Proofpoint , Inc., (NASDAQ: PFPT), a leading cybersecurity and compliance company, today announced it has been positioned by Gartner, Inc. in the Leaders quadrant of the 2020 Magic Quadrant for Enterprise Information Archiving * f...

Image source: The Motley Fool. Proofpoint Inc (NASDAQ: PFPT) Q3 2020 Earnings Call Oct 29, 2020 , 4:30 p.m. ET Operator Continue reading For further details see: Proofpoint Inc (PFPT) Q3 2020 Earnings Call Transcript

Proofpoint (PFPT) reported Q3 beats after the bell yesterday with revenue up 17% Y/Y to $266.7M ($5.29M above consensus) and EPS of $0.59 ($0.20 above consensus).Billings were up 6% Y/Y to $294.4M vs. the $277.8M consensus.Operating cash flow totaled $86M with FCF of $64.6M.Gro...