>>> Proofpoint beats by $0.08, beats on revs; guides Q4 EPS above consensus, rev

Proofpoint beats by $0.08, beats on revs; guides Q4 EPS above consensus, revs in-line; guides FY18 EPS in-line, revs in-line (95.10 +0.91)
  • Reports Q3 (Sep) earnings of $0.25 per share, $0.08 better than the Capital IQ Consensus of $0.17; revenues rose 34.6% year/year to $134.3 mln vs the $131.48 mln Capital IQ Consensus.
    • Billings rose 33% to $166.5 mln vs $162-164 mln guidance
  • Co issues guidance for Q4, sees EPS of $0.19-0.21 vs. $0.18 Capital IQ Consensus Estimate; sees Q4 revs of $138-140 mln vs. $138.53 mln Capital IQ Consensus Estimate.
    • Seeings Q4 billings of $180-182 mln.
  • Co issues in-line guidance for FY18, sees EPS of $0.96-1.03 vs. $1.00 Capital IQ Consensus Estimate; sees FY18 revs of $644-648 mln vs. $648.80 mln Capital IQ Consensus Estimate.
    • Sees FY18 billings of $798-802 mln