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Proofpoint Inc (PFPT.OQ)

PFPT.OQ on NASDAQ Stock Exchange Global Market

88.71USD
14 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Proofpoint Enters Into Definitive Agreement To Acquire Weblife For $60 Million
Wednesday, 29 Nov 2017 

Nov 29 (Reuters) - Proofpoint Inc ::PROOFPOINT ENTERS INTO DEFINITIVE AGREEMENT TO ACQUIRE WEBLIFE FOR $60 MILLION; EXTENDS PROTECTION CAPABILITIES TO ENTERPRISE USERS’ WEB-BASED PERSONAL EMAIL.PROOFPOINT-‍ACQUISITION EXPECTED TO HAVE NO MATERIAL IMPACT TO BILLINGS, REVENUE, NET INCOME, FREE CASH FLOW FOR Q4 2017, FY 2018​.  Full Article

Proofpoint ‍issues notice of redemption
Wednesday, 22 Nov 2017 

Nov 22 (Reuters) - Proofpoint Inc ::Proofpoint Inc says ‍issued notice of redemption to holders of outstanding 1.25% senior convertible notes due 2018 - SEC filing​.Proofpoint - co ‍will redeem remaining outstanding convertible notes for cash at 100% of principal amount plus accrued & unpaid interest on Dec 27​.Proofpoint - ‍prior to redemption, holders entitled to convert to co's common stock at 25.6353 shares per $1000 principal amount of convertible notes​.  Full Article

Proofpoint enters agreement to acquire Cloudmark for $110 mln in cash
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Proofpoint Inc :Proofpoint enters into definitive agreement to acquire Cloudmark for $110 million in cash; strengthens industry-leading investment in messaging security and threat intelligence.Proofpoint Inc - ‍expects Cloudmark to have no material impact to its financial outlook for q4 and full year 2017​.Proofpoint Inc - ‍Cloudmark's global threat network will be incorporated into Proofpoint's nexus platform​.Proofpoint Inc - ‍expects Cloudmark to have contribution to its financial outlook for fy 2018 by increase revenue range by $20 - $25 million to $664 - $673 million​.Proofpoint Inc - ‍expects Cloudmark to have contribution to financial outlook for fy 2018 increase in billings range by $20 -$25 million to $818 - $827 million​.  Full Article

Proofpoint reports Q3 non-GAAP earnings per share $0.25
Thursday, 19 Oct 2017 

Oct 19 (Reuters) - Proofpoint Inc :Proofpoint announces third quarter 2017 financial results.Q3 non-GAAP earnings per share $0.25.Q3 revenue $134.3 million versus I/B/E/S view $131.5 million.Q3 earnings per share view $0.18 -- Thomson Reuters I/B/E/S.Sees Q4 non-GAAP earnings per share $0.19 to $0.21.Q3 GAAP loss per share $0.49.Sees Q4 2017 revenue $138 million to $140 million.Sees FY 2018 revenue $644 million to $648 million.Sees FY 2017 revenue $508 million to $510 million.Proofpoint Inc - ‍total billings were $166.5 million for Q3 of 2017, an increase of 33%, compared to $124.8 million for Q3 of 2016​.Proofpoint Inc sees FY 2017 ‍billings to be in range of $630.0 million to $632.0 million​.Proofpoint Inc sees ‍FY 2017 GAAP net loss to be in range of $2.31 to $2.24 per share​.Proofpoint inc sees FY 2017‍ non-gaap net income to be in range of $0.73 to $0.75 per share​.Proofpoint Inc sees ‍FY 2017 free cash flow for full year to be in range of $101.5 million to $103.5 million, on capital expenditures of about $48.0 million​.Proofpoint Inc sees FY 2018 ‍billings to be in range of $798.0 million to $802.0 million​.Proofpoint Inc sees FY 2018‍ non-GAAP net income to be in range of $0.96 to $1.03 per share​.Proofpoint sees FY 2018 ‍free cash flow to be about $135.0 million, assuming capital expenditures of approximately $45.0 million for full year 2018​.Fy2017 earnings per share view $0.65, revenue view $505.9 million -- Thomson Reuters I/B/E/S.  Full Article

Proofpoint buys Return Path's email fraud protection unit
Wednesday, 24 Aug 2016 

Proofpoint Inc [PFPT.O] : Purchase price for return path's email fraud protection division was approximately $18 million .Proofpoint paid approximately $3.8 million at closing, up to an additional about $14.2 million payable after deal closing - sec filing.  Full Article

Proofpoint acquires Return Path’s email fraud protection business
Wednesday, 24 Aug 2016 

Proofpoint Inc : Proofpoint acquires Return Path’s email fraud protection business unit, extending its suite of Business Email Compromise (BEC) solutions . With acquisition, there is no change to Q3 2016 and FY 2016 guidance, as provided on earnings call on July 21, 2016 .Return Path's EFP business will be integrated into Proofpoint's email protection solutions.  Full Article

Proofpoint Q2 non-GAAP earnings per share $0.06
Thursday, 21 Jul 2016 

Proofpoint Inc : Q3 earnings per share view $-0.01, revenue view $90.7 million -- Thomson Reuters I/B/E/S . Sees FY GAAP EPS loss is expected to be in range of $2.96 to $3.06 per share . FY2016 earnings per share view $-0.13, revenue view $352.7 million -- Thomson Reuters I/B/E/S . Sees FY billings are expected to be in range of $445.0 million to $448.0 million . Announces strong second quarter 2016 financial results . Q2 non-GAAP earnings per share $0.06 . Q2 revenue $89.9 million versus i/b/e/s view $84.2 million . Q2 earnings per share view $-0.07 -- Thomson Reuters I/B/E/S . Sees Q3 non-GAAP earnings per share $0.04 to $0.06 . Sees Q3 2016 revenue $93.5 million to $94.5 million . Sees FY 2016 revenue $361.5 million to $363.5 million . Q2 GAAP loss per share $0.92 . FY2016 revenue view $352.7 million -- Thomson Reuters I/B/E/S . Sees capital expenditures of $31.0 million to $33.0 million for full year 2016 . Increasing FY16 billings, revenue, profitability and cash flow guidance . Sees FY non-GAAP EPS to be in range of positive $0.06 to $0.10 per share based on about 45.3 million weighted average diluted shares outstanding .Sees Q3 billings are expected to be in range of $114.0 million to $116.0 million.  Full Article

Proofpoint has come to agreement in principle with Finjan to settle dispute at issue in case Finjan
Tuesday, 24 May 2016 

Proofpoint Inc : Has come to an agreement in principle with Finjan to settle dispute at issue in case Finjan, Inc. V. Proofpoint Inc .As part of settlement, Proofpoint will pay an aggregate of $10.9 million cash.  Full Article

Finjan Holdings says unit, Proofpoint agree to settle patent dispute
Monday, 23 May 2016 

Finjan Holdings Inc : On may 20, 2016, unit Finjan Inc and Proofpoint Inc agreed to a license to Finjan global patent portfolio .Terms of agreement are expected to be confidential.  Full Article

BRIEF-Proofpoint Enters Into Definitive Agreement To Acquire Weblife For $60 Million

* PROOFPOINT ENTERS INTO DEFINITIVE AGREEMENT TO ACQUIRE WEBLIFE FOR $60 MILLION; EXTENDS PROTECTION CAPABILITIES TO ENTERPRISE USERS’ WEB-BASED PERSONAL EMAIL