18.20 +0.05 (0.28%)
After hours: 6:01PM EDT
|Bid||18.20 x 1800|
|Ask||18.97 x 900|
|Day's Range||18.14 - 20.00|
|52 Week Range||15.11 - 31.24|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Across the Bay Area, 89 percent of tech IPOs came from companies that had a loss – most in excess of $10 million. Take a look at this fearless group.
Two of them disappointed investors with their most recent earnings, but worries about the other stemmed from numbers reported in previous years.
Pivotal Software (NYSE: PVTL ) fell over 20 percent after the company's second-quarter print. Here's a roundup of how the sell-side reacted. The Analysts Credit Suisse analyst Brad Zelnick maintained ...
Pivotal Software stock crashed despite topping second-quarter views. AMD stock and Tilray stock rose. Tesla stock and China rival, new IPO Nio, fell.
Shares of Pivotal Software Inc. are down 27% in premarket trading Thursday, after the company delivered results and a forecast that were generally better than expected, though the software company missed on billings. "With the stock off in after hours trading, the concern was squarely focused on the $25 million billings miss and if there was a substantive change in demand for Pivotal's subscription business (59% of revenue) after such a strong beat in F1Q19 ($74 million upside)," KeyBanc Capital Markets analyst Alex Kurtz wrote. "Other key metrics such as $790 million in RPO (remaining performance obligation, a combination of backlog and deferred revenue) and net expansion rate of 150% suggest overall demand appears intact and management outlined the billings weakness as a function of quarter-to-quarter deal lumpiness (Pivotal doesn't guide to billings)." He kept his $27 price target intact due to the company's long-term opportunities. The stock was up 2% over the past three months as of Wednesday's clos,e while the S&P 500 had gained 4%.
Pivotal Software Inc. shares fell in the extended session Wednesday even after the cloud-software company's quarterly results and outlook topped Wall Street estimates. Pivotal shares fell 15% after hours, following a 2.9% gain to close the regular session at $28.78. The company reported a second-quarter loss of $35.6 million, or 14 cents a share, compared with a loss of $35.4 million, or 52 cents a share, in the year-ago period. The adjusted loss was 6 cents a share. Revenue rose to $164.4 million from $126 million in the year-ago period. Analysts surveyed by FactSet had estimated a loss of 9 cents a share on revenue of $158.1 million. For the third quarter, Pivotal estimates a loss of 9 cents to 8 cents a share on revenue of $163 million to $165 million. Analysts expect a loss of 9 cents a share on revenue of $162.9 million.
The stock market was mixed near midday Wednesday as the Nasdaq composite and S&P 500 pared losses on word of possible new trade talks with China.
Mid-caps stocks, like Pivotal Software Inc (NYSE:PVTL) with a market capitalization of US$6.92b, aren’t the focus of most investors who prefer to direct their investments towards either large-cap or small-capRead More...
President Donald Trump of the United States, and North Korean leader Kim Jong-Un met last night in Singapore. North Korea committed to work toward complete de-nuclearization. The nations also agreed to the recovery and repatriation of POW/MIA remains from the war that took place on the Korean peninsula more than 65 years ago.
The quiet period following the IPO of Dell Technologies spin-off Pivotal Software Inc (NYSE: PVTL ) has ended, and several Wall Street analysts have weighed in on the stock. Here’s a rundown of what they’ve ...
KeyBanc started coverage of platform as a service, or PaaS, provider Pivotal Software (NASDAQ: PVTL ). The company says its platform, which is based on a process called containers, accelerates and simplifies ...
Pivotal Software Inc (NYSE: PVTL ), a cloud-native platform that facilitates software development, recently offered 37 million shares in an IPO , with each share priced at $15. The Analyst Following the ...