Proofpoint Announces First Quarter 2017 Financial Results
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April 21, 2017 9:08 AM EDT
Stifel reiterated a Buy rating and $90.00 price target on Proofpoint (NASDAQ: PFPT) Following the company's 1Q earnings report. Proofpoint reported 1Q17 results that exceeded consensus expectations across all major financial metrics. Proofpoint generated total revenue of $113.3mn, beating the Street estimate of $110.6mn.
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April 21, 2017 8:27 AM EDT
Deutsche Bank raised its price target on Proofpoint (NASDAQ: PFPT) to $90.00 (from $85.00) while maintaining a Buy rating.
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April 20, 2017 4:06 PM EDT
Proofpoint (NASDAQ: PFPT) reported Q1 EPS of $0.12, $0.03 better than the analyst estimate of $0.09. Revenue for the quarter came in at $113.3 million versus the consensus estimate of $110.58 million.
GUIDANCE:
Proofpoint sees Q2 2017 EPS of $0.11-$0.13, versus the consensus of $0.11.
For earnings history and earnings-related data on Proofpoint (PFPT) click here.
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