- For FY20, Proofpoint (NASDAQ:PFPT) now sees revenue of $1.035-1.037B (consensus: $1.02B), $1.64-1.70 EPS (consensus: $1.51) , and FCF of $130-140M. Non-GAAP gross margin stays at 80%.
- Q2 results beat estimates on the top and bottom line with a 21 % Y/Y revenue growth.
- Q2 Billings were up 8% Y/Y to $250M.
- Adjusted gross margin was 80%, above the 79% consensus.
- Operating cash flow totaled $30.6M with FCF of $18.8M.
- Earnings call starts at 4:30 PM with a webcast here.
- Press release.