Proofpoint: Q3 Earnings Insights
Shares of Proofpoint (NASDAQ:PFPT) fell 3.1% in after-market trading after the company reported Q3 results.
Quarterly Results
Earnings per share rose 20.41% over the past year to $0.59, which beat the estimate of $0.39.
Revenue of $266,669,000 rose by 17.28% from the same period last year, which beat the estimate of $261,400,000.
Guidance
Proofpoint Sees Q4 Sales $268M-$270M Vs $267.16M Estimates, EPS $0.41-$0.44 Vs $0.39 Estimates; FY20 Sales $1.043B-$1.045B Vs $1.04B Estimates, EPS $1.88-$1.91 Vs $1.68 Estimates
How To Listen To The Conference Call
Date: Oct 29, 2020
Time: 04:30 PM
Recent Stock Performance
Company's 52-week high was at $133.00
52-week low: $83.81
Price action over last quarter: down 12.68%
Company Overview
Proofpoint Inc. is a provider of cloud-based security solutions to large- and mid-sized organizations in a wide range of industries. The firm's solutions are delivered through its security-as-a-service platform, which hosts an integrated set of on-demand data protection applications. These solutions include threat protection, incident response, regulatory compliance, archiving, governance, and secure communication capabilities. The company derives revenue from subscription fees and hardware, training, and professional services fees. A majority of the firm's revenue is generated in the United States.
See more from Benzinga
© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
