Pivotal Software (PVTL) Scheduled to Post Quarterly Earnings on Wednesday
Pivotal Software (NASDAQ:PVTL) is set to issue its quarterly earnings data after the market closes on Wednesday, September 12th. Analysts expect the company to announce earnings of ($0.09) per share for the quarter. Pivotal Software has set its Q2 guidance at ($0.10)-($0.09) EPS and its FY19 guidance at ($0.39)-($0.37) EPS.
Pivotal Software (NASDAQ:PVTL) last issued its quarterly earnings data on Tuesday, June 12th. The company reported ($0.10) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.13) by $0.03. The company had revenue of $155.70 million during the quarter, compared to analyst estimates of $140.41 million. Pivotal Software’s revenue was up 28.5% on a year-over-year basis.
Shares of PVTL stock opened at $26.61 on Monday. Pivotal Software has a 52-week low of $15.11 and a 52-week high of $31.24.
An institutional investor recently bought a new position in Pivotal Software stock. Bank of New York Mellon Corp purchased a new position in Pivotal Software (NASDAQ:PVTL) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 27,737 shares of the company’s stock, valued at approximately $673,000.
Pivotal Software Company Profile
Pivotal Software, Inc, together with its subsidiaries, provides an integrated solution that combines a cloud-native application platform and services in the United States. Its cloud-native platform, Pivotal Cloud Foundry (PCF), accelerates and streamlines software development by reducing the complexity of building, deploying, and operating modern applications.
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