Pivotal Reports Second Quarter Fiscal Year 2019 Financial Results

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Pivotal Software Inc (PVTL) PT Lowered to $24 at RBC Capital; Long-Term Trends Intact

September 13, 2018 7:06 AM EDT

RBC Capital analyst Matthew Hedberg lowered the price target on Pivotal Software Inc (NYSE: PVTL) to $24.00 (from $26.00) while maintaining a Sector Perform rating.

Hedberg said while results were disappointing versus expectations, the long-term trends still look good.

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Pivotal Software, Inc. (PVTL) Tops Q2 EPS by 3c, Offers Q3 and FY Guidance

September 12, 2018 4:14 PM EDT

Pivotal Software, Inc. (NYSE: PVTL) reported Q2 EPS of ($0.06), $0.03 better than the analyst estimate of ($0.09). Revenue for the quarter came in at $164.4 million versus the consensus estimate of $158.22 million.

GUIDANCE:

Pivotal Software, Inc. sees Q3 2019 EPS of ($0.09)-($0.08), versus the consensus of... More