Pluralsight Announces First Quarter 2020 Results

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Go back to Pluralsight Announces First Quarter 2020 Results

Pluralsight (PS) Tops Q1 EPS by 4c, Revenues Beat; Offers 2Q & FY20 EPS/Revenue Guidance

April 29, 2020 4:38 PM EDT

Pluralsight (NASDAQ: PS) reported Q1 EPS of ($0.09), $0.04 better than the analyst estimate of ($0.13). Revenue for the quarter came in at $92.6 million versus the consensus estimate of $86.76 million.

First Quarter Financial Highlights

Billings - Q1 2020 billings were $90.3 million, an increase of 16% period over period. Q1 2020 billings from business customers were $80.5 million, an increase of 20% period over period.Revenue - Q1 2020 revenue was $92.6 million, an increase of 33% period over period.Gross margin - Q1 2020 gross margin was 79%, compared to 76% in Q1 2019. Q1 2020 non-GAAP gross margin was 81%,... More