Pluralsight Announces Second Quarter 2020 Results

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Go back to Pluralsight Announces Second Quarter 2020 Results

Pluralsight (PS) Tops Q2 EPS by 10c, Revenues Beat; Offers 3Q/FY20 EPS Guidance Above Consensus, 3Q Revenue Outlook Above Consensus

July 29, 2020 5:04 PM EDT

Pluralsight (NASDAQ: PS) reported Q2 EPS of ($0.02), $0.10 better than the analyst estimate of ($0.12). Revenue for the quarter came in at $94.8 million versus the consensus estimate of $88.24 million.

Second Quarter Financial Highlights

Billings - Q2 2020 billings were $89.0 million, an increase of 11% period over period. Q2 2020 billings from business customers were $77.7 million, an increase of 12% period over period.Revenue - Q2 2020 revenue was $94.8 million, an increase of 25% period over period.Gross margin - Q2 2020 gross margin was 79%, compared to 77% in Q2 2019. Q2 2020 non-GAAP gross margin was 81%, compared to 78% in... More