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4-Traders Homepage  >  Equities  >  Nasdaq  >  Proofpoint Inc    PFPT

PROOFPOINT INC (PFPT)
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Proofpoint : Named a Leader in 2017 Gartner Magic Quadrant for Enterprise Information Archiving for Sixth Consecutive Year

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11/10/2017 | 03:13pm CET

(GlobeNewswire) - Proofpoint, Inc., (NASDAQ:PFPT), a leading cybersecurity company, today announced it has been positioned by Gartner, Inc. in the Leaders quadrant of the 2017 Magic Quadrant for Enterprise Information Archiving for the sixth consecutive year. The report provides a detailed overview of the enterprise information archiving market and evaluates vendors based on completeness of vision and abilityto execute.

We believe our commitment to simplify compliance and e-discovery with uncompromised data security underscores our six consecutive years of Gartner enterprise archiving leadership, said Darren Lee, senior vice president of Archiving and Governance for Proofpoint. Twenty percent of Proofpoints annual revenue is reinvested into research and development and our SaaS archiving roadmap continues to provide market leadership in innovation. Organizations need the ability to embrace new communication technology while capturing the information for legal and compliance adherence. Our customers trust us to effectively help them scale, stay competitive, and meet their compliance requirements.

Proofpoint is a proven leader in cloud archiving deployments, providing seamless and massive scalability to support the growth of unstructured data. Its presence across North America and EMEA enables organizations to meet data sovereignty requirements and benefit from a customer base across regulated industries such as financial services, public sector, and healthcare.

Every industry continues to face archiving challenges and many organizations are looking to SaaS to enable swift innovation and stay compliant. According to the report: Due to its flexibility and pricing structures, SaaS is being chosen by a majority of organizations for new or updated messaging data archiving implementations.

Proofpoints Enterprise Archive SaaS solution captures electronically stored information (ESI) sources that matter, including email, enterprise collaboration data, and social media data. With an architecture built to leverage the cloud, keep control of data, and easily migrate data to the cloud, Proofpoints solution is less costly to operate than legacy archiving tools. It works faster, is more reliable, automates manual tasks, and scales up as customers needs grow.

Please visitwww.proofpoint.com/archivemqto download Gartners 2017 Magic Quadrant for Enterprise Information Archiving. For more information about Proofpoint Enterprise Archive, please visithttps://www.proofpoint.com/us/products/information-archiving.

1 Gartner, Magic Quadrant for Enterprise Information Archiving, Shane Harris, Garth Landers, Julian Tirsu, 30 October 2017

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner`s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Proofpoint, Inc.Proofpoint Inc. (NASDAQ:PFPT) is a leading next-generation security and compliance company that provides cloud-based solutions to protect the way people work today. Proofpoint solutions enable organizations to protect their users from advanced attacks delivered via email, social media and mobile apps, protect the information their users create from advanced attacks and compliance risks, and respond quickly when incidents occur. More information is available at www.proofpoint.com.

Connect with Proofpoint: Twitter | LinkedIn | Facebook | YouTube | Google+

Proofpoint is a registered trademark or tradename of Proofpoint, Inc. in the U.S. and/or other countries. All other trademarks contained herein are the property of their respective owners.

MEDIA CONTACT:Kristy CampbellProofpoint, [email protected]

(c) Sabanews.net 1999 - 2017 Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ($)
Sales 2018 663 M
EBIT 2018 59,0 M
Net income 2018 -91,2 M
Finance 2018 244 M
Yield 2018 -
P/E ratio 2018 -
P/E ratio 2019
EV / Sales 2018 6,67x
EV / Sales 2019 4,95x
Capitalization 4 669 M
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Average target price 116 $
Spread / Average Target 11%
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Gary L. Steele Chief Executive Officer & Director
Eric A. Hahn Chairman
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Paul R. Auvil Chief Financial & Accounting Officer
Marcel DePaolis Chief Technology Officer
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