20.43 0.00 (0.00%)
After hours: 5:00PM EDT
|Bid||20.43 x 1100|
|Ask||21.00 x 800|
|Day's Range||19.58 - 20.75|
|52 Week Range||14.43 - 31.24|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! In this article we are going to estimate the intrinsic value of Pivotal Software, Inc. (NYSE:PVTL...
A strong stock currency for Dell could result in an eventual re-coupling of sorts between the two names, but even without it, Pivotal operates in a sector of business where I want involvement: subscriptions. The company managed to grow subscriptions by 50% year-over-year on strong billing growth of 20%.
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Pivotal Software Inc (NYSE: PVTL ) reported Thursday after the market close with a narrower-than-expected loss for its fourth quarter, while revenue trailed expectations. The company issued downbeat guidance ...
Pivotal Software (PVTL) fourth-quarter fiscal 2019 results benefit from growth in subscription revenues on the back of increase in customers and services adoption.
SAN FRANCISCO (AP) _ Pivotal Software Inc. (PVTL) on Thursday reported a loss of $38.9 million in its fiscal fourth quarter. The San Francisco-based company said it had a loss of 15 cents per share. The results beat Wall Street expectations.
Pivotal Software Inc. shares dove more than 8% in the extended session Thursday after the company beat consensus estimates for its losses but issued weaker-than-expected guidance. The company reported fiscal fourth-quarter losses of $38.9 million, or 15 cents a share, compared with losses of $37.2 million, or 54 cents a share, in the year-ago period. Adjusted for items such as stock-based compensation, losses were 7 cents a share. Revenue rose to $169.2 million from $133.2 million in the year-ago period. Analysts surveyed by FactSet had estimated adjusted losses of 9 cents a share on revenue of $170.1 million. For the fiscal first quarter, analysts model adjusted losses of 6 cents a share and sales of $190.1 million. Pivotal said it expects fiscal first-quarter adjusted losses of 15 cents to 13 cents and revenue of $183 million to $185 million. Pivtal stock has fallen 16% in the past nine months, with the S&P 500 index rising 1%.
Okta's (OKTA) fourth-quarter fiscal 2019 results benefit from increasing adoption of the company's Identity solutions and growth in customer base.
Shares of Pivotal Software Inc. are down nearly 6% in afternoon trading Wednesday, while shares of VMware Inc. are down about 2%, after Goldman Sachs analyst Heather Bellini downgraded both stocks. She cut her rating on Pivotal's stock to neutral from buy and lowered her rating on VMware's shares to sell from neutral. "While Pivotal Software could benefit from increasing adoption of containers and serverless computing, we believe that those trends are still in their early stages and increasingly more likely to benefit public cloud vendors," Bellini wrote. "While VMware could benefit from containers being run in virtual machines for security benefits, we expect that as container adoption matures, demand for VMs will face gradually increasing headwinds." She said that VMware's partnerships, including with Amazon.com Inc.'s [s; amzn] AWS, "are still in the early innings" though she estimates that much of the upside from such arrangements is already captured in the current stock price. Pivotal's stock has gained 14% over the past three months, as VMware shares have ticked up 4.1% and the S&P 500 has risen 3%.
Dell Technologies (DELL) fourth-quarter fiscal 2019 results benefit from customer wins and robust growth of servers but rising expenses hurt.
Dell's (DELL) fourth-quarter 2018 results are expected to be hurt by intensifying competition in most of its end-markets.
Investors need to pay close attention to Pivotal Software (PVTL) stock based on the movements in the options market lately.
Shares in Dell Technologies gained Friday as the information technology giant returned to the public markets after a five-year absence, also sparking gains in Dell-controlled VMware, Pivotal Software and SecureWorks. Meanwhile, JPMorgan initiated coverage on Dell stock with an overweight rating.
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Pivotal Software's (PVTL) third-quarter fiscal 2019 results benefit from strong sales of its cloud-native platform and strategic services.
Pivotal Software Inc (NYSE: PVTL ) reported 30-percent year-over-year revenue growth and a narrower-than-expected loss for its fiscal third quarter on Tuesday. The Analysts Wedbush analyst Daniel Ives ...
On a per-share basis, the San Francisco-based company said it had a loss of 13 cents. Losses, adjusted for stock option expense and amortization costs, were 5 cents per share. The results topped Wall Street ...
Pivotal Software's (PVTL) third-quarter fiscal 2019 results to benefit from expanding product portfolio and growing customer base.