Seeking Alpha

Proofpoint continues climb after Q3 beat

  • Proofpoint (PFPT +15.7%) shares continue to run after spiking in AH trading on a solid beat on revenue and slight beat on EPS in Q3.
  • Management guides for Q4 revenue of $35M-$36M (vs. consensus of $34.8M) and EPS of -$0.14 to -$0.11 (-$0.12). Billings are expected at $44M-$46M.
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