Proofpoint Announces Strong Second Quarter 2016 Financial Results

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Go back to Proofpoint Announces Strong Second Quarter 2016 Financial Results

Pacific Crest Downgrades Proofpoint (PFPT) to Sector Weight

July 22, 2016 6:49 AM EDT

Pacific Crest downgraded Proofpoint (NASDAQ: PFPT) from Overweight to Sector Weight. Analyst Rob Owens doesn't recommend purchasing shares at current levels.

"Consistent with checks, Proofpoint had stronger-than-expected results, topping all of our quarterly expectations. But as PFPT shares have meaningfully "squeezed"... More

Proofpoint (PFPT) Tops Q2 EPS by 13c; Guides Above the Street

July 21, 2016 4:13 PM EDT

Proofpoint (NASDAQ: PFPT) reported Q2 EPS of $0.06, $0.13 better than the analyst estimate of ($0.07). Revenue for the quarter came in at $89.9 million versus the consensus estimate of $84.22 million.

Our ability to exceed second quarter expectations was driven by broad-based demand across all of our cloud-based... More