Proofpoint Announces Third Quarter 2019 Financial Results
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Proofpoint (PFPT) Tops Q3 EPS by 10c, Revenues Beat; Raises FY19 Revenue Guidance Above Consensus, Affirms Q4 EPS/Revenue Outlook
October 24, 2019 4:29 PM EDTProofpoint (NASDAQ: PFPT) reported Q3 EPS of $0.49, $0.10 better than the analyst estimate of $0.39. Revenue for the quarter came in at $227.4 million versus the consensus estimate of $224.29 million.
Total revenue of $227.4 million, up 23% year-over-yearBillings of $277.8 million, up 26% year-over-yearGAAP EPS of $(0.79) per share, Non-GAAP EPS of $0.49 per shareOperating cash flow of $68.6 million and free cash flow of $58.6 millionIncreasing FY19 revenue and profitability guidanceThird Quarter 2019 Financial Highlights
Revenue: Total revenue for the third quarter of 2019 was $227.4 million, an increase of 23%, compared to $184.2 million for the third quarter of... More