PFPT News and Press, Proofpoint Inc. From 04/26/21

Wall Street came into the new week in a good mood, as major market benchmarks moved further toward or into all-time record territory. Investors haven't yet gotten spooked by potential changes to the tax code and are instead focusing on upbeat outlooks from many companies reporting earnings....

Gainers: Reviva Pharmaceuticals (RVPH) +85%.Proofpoint (PFPT) +31%.Jiayin Group (JFIN) +31%.MicroVision (MVIS) +31%.Casper Sleep (CSPR) +26%.X Financial (XYF) +25%.Ocugen (OCGN) +24%.Asensus Surgical (ASXC) +22%.Voyager Therapeutics (VYGR) +22%.Dunxin Financial (DXF) +21%.Losers: Fo...

Wedbush analyst Daniel Ives says Proofpoint's (PFPT) decision to be acquired by Thoma Bravo for $176 per share was a "smart move" with the "very attractive offer" carrying a premium.Ives: "In this cyber security arms race and with $500 billion of dry powder among PE/financial buyers and ...

Proofpoint (PFPT) has entered into a definitive agreement to be acquired by tech-focused PE firm Thoma Bravo for $176 per share in cash, a 34% premium to Friday's closing price.The transaction values Proofpoint at approximately $12.3B.After the deal closes, Proofpoint will become a ...

First Quarter Highlights Total revenue of $287.8 million, up 15% year-over-year Billings of $276.7 million, up 16% year-over-year GAAP EPS of $(0.79) per share, Non-GAAP EPS of $0.49 per share Operating cash flow of $95.1 million and f...

Proofpoint Shareholders to Receive $176.00 Per Share in Cash Announces First Quarter Fiscal Year 2021 Financial Results SUNNYVALE, Calif. and SAN FRANCISCO, April 26, 2021 (GLOBE NEWSWIRE) -- Proofpoint, Inc. (NASDAQ: PFPT) (the “Company”), a leading cybersecur...

Proofpoint is the best email security software in the market today. Proofpoint growth slowed in 2020 due to the company’s 20% exposure to hospitality, retail, and other pandemic-affected industries. We expect Proofpoint business to accelerate driven by a demand recovery in affe...

KnowBe4 has seen a welcomed public debut. A high-teens sales multiple seems a bit rich given 36% year-over-year growth and essentially break-even results. While the company portrays itself as a cybersecurity play, I am very cautious at these valuations, certainly vs. some of its p...

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SUNNYVALE, Calif., April 07, 2021 (GLOBE NEWSWIRE) -- Proofpoint, Inc., (NASDAQ: PFPT), a leading cybersecurity and compliance company, today announced it will issue a press release reporting financial results for the first quarter ended March 31, 2021, after the close of the market on Apri...