Pivotal Reports First Quarter Fiscal Year 2020 Financial Results
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Pivotal Software Inc (PVTL) PT Lowered to $21 at Needham & Company
June 5, 2019 7:17 AM EDTNeedham & Company analyst Jack Andrews lowered the price target on Pivotal Software Inc (NYSE: PVTL) to $21.00 (from $28.00) while maintaining a Buy rating following the company's 1Q earnings report. PVTL reported disappointing 1QFY20 results, as revenue and EPS metrics were good, but billings missed the... More
Wedbush Downgrades Pivotal Software Inc (PVTL) to Neutral
June 5, 2019 7:08 AM EDTWedbush analyst Dan Ives downgraded Pivotal Software Inc (NYSE: PVTL) from Outperform to Neutral with a price target of $15.00 (from $26.00).
Train Wreck Quarter/Guidance; Thesis ChangerFor an analyst ratings summary and ratings history on Pivotal Software Inc... More
Pivotal Software Inc (PVTL) PT Lowered to $18 at RBC Capital
June 5, 2019 6:57 AM EDTRBC Capital analyst Matthew Hedberg lowered the price target on Pivotal Software Inc (NYSE: PVTL) to $18.00 (from $27.00) while maintaining an Outperform rating.
Sales execution and complex technology landscape take a bite from outlook... More
Pivotal Software, Inc. (PVTL) Tops Q1 EPS by 2c, Revenues Miss; Q2/FY20 Revenues Guidance Below Consensus
June 4, 2019 4:16 PM EDTPivotal Software, Inc. (NYSE: PVTL) reported Q1 EPS of ($0.03), $0.02 better than the analyst estimate of ($0.05). Revenue for the quarter came in at $128.9 million versus the consensus estimate of $184.14 million.
First Quarter Fiscal 2020 Financial Results
Revenue: Subscription revenue was $128.9 million, an increase of 43% year over year. Total revenue was $185.7 million, an increase of 19% year over year.Operating Loss: GAAP operating loss was $34.9 million, or 19% of total revenue, compared to a loss of $33.5 million in Q1 of last year.Non-GAAP... More