Key Developments: Proofpoint Inc (PFPT.OQ)
18.45USD
17 May 2013
$0.04 (+0.22%)
$18.41
$18.44
$18.69
$18.21
51,242
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$19.14
$9.81
Latest Key Developments (Source: Significant Developments)
Proofpoint Inc Issues Q2 2013 Guidance; Raises FY 2013 Revenue Guidance; Reaffirms FY 2013 EBITDA Guidance; Raises FY 2013 EPS Guidance
Proofpoint Inc announced that for the second quarter of 2013, it expects total revenue to be in the range of $30.8-$31.4 million, billings to be in the range of $33.7-$34.3 million, adjusted EBITDA loss to be in the range of $1.7-$1.4 million and Non-GAAP EPS loss to be in the range of $0.09 to $0.08. for fiscal 2013, it expects total revenue to be in the range of $128.5-$129.5 million, billings to be in the range of $149.5-$151.5 million, adjusted EBITDA loss to be in the range of $4.8-$4.5 million and non-GAAP EPS loss to be in the range of $0.35 to $0.34. Full Article
Proofpoint Inc Issues Q1, FY 2013 Mixed Guidance
Proofpoint Inc announced that for first quarter of 2013, it expects total revenue to be in the range of $29.3 million to $29.5 million, adjusted EBITDA loss be in the range of $2.8 million to $2.5 million and non-GAAP EPS loss to be in the range of $0.13 and $0.12. For fiscal 2013, it expects total revenue to be in the range of $126.0 million to $128.0 million, adjusted EBITDA loss to be in the range of $4.8 million and $4.5 million and non-GAAP EPS loss to be in the range of $0.36 and $0.35. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $28.4 million, EPS of $(0.08) and EBITDA of $(0.95) million for first quarter of 2013; revenue of $123.4 million, EPS of $(0.19) and EBITDA of $(0.20) million for fiscal 2013. Full Article
VMware Deploys Proofpoint Inc Suite Of Solutions
Proofpoint Inc announced that VMware has implemented the Proofpoint suite of solutions including enhanced archive, eDiscovery and compliance for the VMware Zimbra(R) platform. VMware's primary reason for deploying Proofpoint's suite of solutions was to automate and streamline their current system, to save money and to implement an archiving system that integrates with Zimbra as well as Exchange. Full Article
Microsoft Corp Extends Partnership Agreement With Proofpoint Inc
Proofpoint Inc announced that Microsoft and Proofpoint have agreed to extend their partnership agreement by another three years to support customer demand for Proofpoint's cloud-based archiving . Proofpoint Enterprise Archive is one solution within the Proofpoint Compliance for Microsoft Office 365 suite. This suite allows customers using Microsoft Office 365 email to comply with regulatory standards that require email archive, email encryption, email security and data loss prevention (DLP). In addition, because the Proofpoint solutions are based in the cloud, it provides all of the benefits SaaS buyers are looking for including easy deployment, reduced TCO and predictable costs. Full Article
Proofpoint Inc Issues Q4 2012 Guidance Above Analysts' Estimates, Raises FY 2012 Guidance
Proofpoint Inc announced that for fourth quarter of 2012, it expects total revenue to be in the range of $27.4-$27.8 million, adjusted EBITDA loss to be in the range of $1.7-$2.1 million and non-GAAP EPS loss to be in the range of $0.09-$0.11. For fiscal 2012, it expects total revenue to be in the range of $105.0-$105.4 million, adjusted EBITDA loss to be in the range of $4.5-$4.9 million and non-GAAP EPS loss to be in the range of $0.32-$0.34. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $27.2 million, EPS of $(0.12) and EBITDA of $(2.24) million for fourth quarter of 2012; revenue of $104.0 million, EPS of $(0.39) and EBITDA of $(5.09) million for fiscal 2012. Full Article
Proofpoint Inc. Issues Q3 2012 Guidance Above Analysts' Estimates; Raises FY 2012 Guidance
Proofpoint Inc. announced that for third quarter of 2012, it expects total revenue to be in the range of $26.1 million to $26.5 million. Adjusted EBITDA loss is to be in the range of $1.9 million to $2.2 million. Non-GAAP earnings per share (EPS) loss is expected to be in the range of $0.09 and $0.11 based on 31.8 million weighted average diluted shares outstanding. For fiscal 2012, it expects total revenue to be in the range of $103.5 million to $104.5 million. Adjusted EBITDA loss is expected to be in the range of $5.8 million and $6.1 million. Non-GAAP EPS loss is expected to be in the range of $0.38 and $0.39 based on 29.8 million weighted average diluted shares outstanding, which assumes the company was public for the full year. According to I/B/E/S Estimates, analysts are expecting the Company to report revenues of revenue of $25 million, EBITDA of $(2.19) and EPS of $(0.12) for third quarter of 2012; revenue of $101 million, EBITDA of $(6.02) million and EPS of $(0.42) for fiscal 2012. Full Article
Proofpoint Inc. Issues Q2 FY 2012 Guidance; Issues FY 2012 Guidance; Revenue And EBITDA Guidance Above Analysts' Estimates
Proofpoint Inc. announced that for the second quarter of 2012, it expects total revenue to be in the range of $24.9-$25.3 million. Adjusted EBITDA loss is expected to be in the range of $1.2-$1.5 million. Non-GAAP EPS loss is expected to be in the range of $0.09-$0.10. For fiscal 2012, it expects total revenue to be in the range of $100.5-$101.5 million. Adjusted EBITDA loss is expected to be in the range of $6.2-$6.5 million. Non-GAAP EPS loss is expected to be in the range of $0.42-$0.43. According to I/B/E/S Estimates, analysts are expecting the Company to report revenues of $98.99 million, EBITDA of $(6.18) and EPS of $(0.43) for the second quarter of 2012. Full Article
Proofpoint Inc. Announces Pricing Of Initial Public Offering
Proofpoint Inc. announced the pricing of its initial public offering of 6,329,421 shares of its common stock at a price to the public of $13.00 per share. The shares are expected to begin trading on The Nasdaq Global Market on April 20, 2012 under the symbol PFPT. Proofpoint is offering 5,130,000 shares of common stock and selling stockholders are offering 1,199,421 shares of common stock. In addition, Proofpoint and the selling stockholders have granted the underwriters a 30-day option to purchase up to 769,500 additional shares of common stock to cover over-allotments, if any. Credit Suisse Securities (USA) LLC and Deutsche Bank Securities Inc. are serving as joint book runners for the offering. RBC Capital Markets LLC, Pacific Crest Securities LLC and First Analysis Securities Corp. are acting as co-managers. Full Article
Proofpoint Inc. Sees IPO of 6.2 Million Shares At $10-$12 Each-DJ
Dow Jones reported that Proofpoint Inc., unveiled estimated terms of its public offering at about 6.2 million shares at a price of $10 to $12 a share. The Company plans to offer five million shares of common stock while selling stockholders are selling about 1.2 million shares. Proofpoint will not receive any of the proceeds from the sale of shares offered by stockholders. The maker of business security products initially filed plans for an IPO of up to $50 million worth of stock in December to raise funds for working capital and other corporate needs. The Company intends to list its shares on the Nasdaq Global Market under the symbol PFPT. Full Article
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