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Stock Market & Financial Investment News

News Breaks
July 9, 2014
07:13 EDTPFPTProofpoint momentum continuing, can drive Q2 upside, says Stephens
Stephens said its checks on Proofpoint during Q2 have been positive and the firm believes its continuing momentum can drive upside to consensus estimates in the quarter. The firm reiterates its Overweight rating and $44 price target on the stock.
News For PFPT From The Last 14 Days
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October 24, 2014
08:14 EDTPFPTProofpoint reported impressive results, says RBC Capital
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October 23, 2014
16:29 EDTPFPTProofpoint agrees to acquire Nexgate for $35M
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16:27 EDTPFPTProofpoint sees Q4 EPS (12c)-(10c), consensus (9c)
Sees Q4 revenue $52M-$53M, consensus $49.44M. Sees Q4 billings $63M-$64M. Sees Q4 adjusted EBITDA loss ($1M)-($0.5M).
16:26 EDTPFPTProofpoint sees FY14 EPS (43c)-(41c), consensus (39c)
Proofpoint raises FY14 revenue view to $191.4M-$192.4M, consensus $186.23M. Raises FY14 billings view to $221.8M-$222.8M. Sees FY14 adjusted EBITDA loss to be in the range of ($2M)-($1.5M). FY14 Free cash flow is expected to be in the range of breakeven to positive $5M, which assumes capital expenditures of $16M-$18M for the full year.
16:23 EDTPFPTProofpoint reports Q3 EPS (11c), consensus (11c)
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October 22, 2014
06:44 EDTPFPTU.S. weighing cybersecurity requirements for bank vendors, NY Times says
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