Reuters | February 06, 2018

BRIEF-Proofpoint To Acquire Wombat Security Technologies For $225 Mln In Cash

As seen on UK Reuters...

  • Proofpoint Inc - expects Wombat to increase 2018 revenue range by $30 million - $32 million
  • Proofpoint Inc - expects Wombat to increase 2018 billings range by $30 million - $32 million
  • Proofpoint Inc - expects Wombat to reduce 2018 non-gaap net income range by $5 million - $6 million
  • Proofpoint Inc - contingent upon closing, for Q1 2018, Proofpoint also expects Wombat to reduce non-gaap net income range by $1 million
  • Proofpoint Inc - Expects no other material impact to rest of its financial outlook for quarter from Wombat Deal

Read article on UK Reuters