Proofpoint, Inc. Announces Retirement of Tom Cooper as Executive Vice President, Worldwide Field Operations; Provides Earnings Guidance for the First Quarter and Full Year of 2013
For the first quarter of 2013, the company expects total revenue to be in the range of $29.3 million to $29.5 million, adjusted EBITDA loss to be in the range of $2.8 million to $2.5 million, Non-GAAP EPS loss to be in the range of $0.13 and $0.12.
For the full year of 2013, the company expects total revenue to be in the range of $126.0 million to $128.0 million, adjusted EBITDA loss to be in the range of $4.8 million and $4.5 million. Non-GAAP EPS loss to be in the range of $0.36 and $0.35. Free cash flow, defined as operating cash flow less capital expenditure, is expected to be approximately positive $5.0 million, which assumes capital expenditures of $7.0 million to $8.0 million.