Pacific Crest Downgrades Proofpoint (PFPT) to Sector Weight

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Go back to Pacific Crest Downgrades Proofpoint (PFPT) to Sector Weight

Proofpoint Announces Strong Second Quarter 2016 Financial Results

July 21, 2016 4:06 PM EDT

Total revenue of $89.9 million, up 41% year-over-yearBillings of $101.2 million, up 34% year-over-yearGAAP EPS of ($0.92) per share, Non-GAAP EPS of $0.06 per share Increasing FY16 billings, revenue, profitability and cash flow guidance

SUNNYVALE, Calif., July 21, 2016 (GLOBE NEWSWIRE) -- Proofpoint, Inc. (NASDAQ: PFPT), a leading next-generation security and compliance company, today announced financial results for the second quarter ended June 30, 2016.

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