Proofpoint, Inc. (NASDAQ:PFPT) is set to announce third quarter earning results on Thursday 29th October 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, PFPT to report 3Q20 income of $ 0.39 per share.
For the full year, analysts anticipate top line of $ 1036.78 million, while looking forward to income of $ 1.68 per share bottom line.
The Company Outlook
Earnings for 3Q20 are anticipated in a range of $ 0.37 ~ $ 0.40 per share, while revenues are expected in a range of $ 260.00 million ~ $ 262.00 million
Full Year 2020 topline are forecasted in a range of$ 1,035.00 million ~ $ 1,037.00 million, where as bottomline are predicted in a range of $ 1.64 ~ $ 1.70 per share
Click Here For More Historical Outlooks Of Proofpoint, Inc.
Previous Quarter Performance
Proofpoint, Inc. announced income for the second quarter of $ 0.51 per share, from the revenue of $ 258.44 million. The quarterly earnings gained 24.39 percent while revenues swell 20.52 percent compared with the same quarter last year.
According to street consensus, PFPT was expected to report 2Q20 income of $ 0.39 per share from revenue of $ 253.43 million. The bottom line results beat street analysts by $ 0.12 or 30.77 percent, at the same time, top line results outshined analysts by $ 5.01 million or 1.98 percent.
Stock Performance
Shares of Proofpoint, Inc. traded low $ -1.41 or -1.33 percent on Wednesday, reaching $ 104.28 with volume of 423.30 thousand shares. Proofpoint, Inc. has traded high as $ 105.35 and has cracked $ 102.53 on the downward trend
According to the previous trading day, closing price of $ 104.28, representing a 26.11 % increase from the 52 week low of $ 83.81 and a 20.53 % decrease over the 52 week high of $ 133.00.
The company has a market capital of $ 6.01 billion and is part of the Technology sector and Software – Application industry.
Conference Call
Proofpoint, Inc. will be hosting a conference call at 4:30 PM eastern time on 29th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.proofpoint.com
Proofpoint, Inc. operates as a security-as-a-service provider that enables large and mid-sized organizations to defend, protect, archive, and govern their sensitive data worldwide. It offers protection against advanced and targeted threats, including malicious attachments, polymorphic threats, zero-day exploits, user-transparent drive-by downloads, malicious Web links, hybrid threats, malware free attacks, and other penetration tactics.
