this is 2015
this is being pumped like BLOX?
nothing true, and FAKE.
that is how the techs r fooling people.
This is email security? What is reason to give so much valuations? Email is secured by company itself. I think when hoopla ends..
I know in 2000 companies like b to b, and B to c were famous like this e.g. ITWO, CMRC, and EGAIN.
Net losses, based on generally accepted accounting principles (GAAP), have widened from $21 million in 2010 to $64.5 million last year. Things look no better in the first half of 2015, when the red ink was $46.7 million versus $29.5 million in the first half of 2014.
Investors should look beyond the cyber-security hoopla. The company, with a $2.4 billion market value and 3,400 customers globally, is afflicted with a problem many tech companies have: Expenses are outpacing sales, because the business landscape is highly competitive.
In the five years ended 2014, revenue grew an average annual 28%. Operating expenses rose even faster, at 34%. This worrisome trend accelerated in the first half of 2015, when operating costs rose 45% to $121 million, equal to revenue for the first half.
Proofpoint bulls say the company will achieve economies of scale eventually, and cost growth will slow even as sales continue to drive higher. Yet if it hasn’t turned a profit with this robust a client list, how will it do so in the future?
I be very careful
this is going to hit hard