Proofpoint Q4 Loss Widens - Quick Facts

(RTTNews) - Proofpoint, Inc. (PFPT) Thursday said fourth-quarter loss widened to $12.6 million or $0.35 per share from $5.5 million or $0.17 per share in the same period last year.

Adjusted loss for the quarter was $2.5 million or $0.07 per share. On average, 13 analysts polled by Thomson Reuters expected the company to report a loss of $0.12 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues increased 43 percent to $40.8 million from $28.6 million last year. Analysts expected revenues of $35.72 million.

Looking ahead to the first-quarter profit the company expects adjusted loss in the order of $0.21 to $0.18 per share, with revenues ranging between $40.0 million and $41.0 million.

Analysts currently expect the company to report first-quarter loss of $0.12 per share on revenues of $36.72 million.

For the fiscal year 2014, the company currently expects adjusted loss in the range of $0.53 to $0.48 per share, with revenues in the order of $174.5 million to $176.5 million.

Analysts currently expect the company to report full-year loss of $0.29 per share on revenues of $165.50 million.