Pivotal Software (NASDAQ:PVTL) issued its earnings results on Tuesday, June 4th. The company reported ($0.03) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.05) by $0.02, Briefing.com reports. The business had revenue of $185.72 million during the quarter, compared to the consensus estimate of $184.12 million. The firm’s revenue for the quarter was up 19.3% compared to the same quarter last year. During the same period last year, the business posted ($0.10) EPS.
Shares of NASDAQ:PVTL traded up $0.14 during midday trading on Friday, hitting $10.56. The stock had a trading volume of 1,574,908 shares, compared to its average volume of 2,193,912. Pivotal Software has a 12 month low of $10.10 and a 12 month high of $29.15. The business has a 50-day moving average of $15.97.
In other Pivotal Software news, SVP Andrew M. Cohen sold 4,240 shares of Pivotal Software stock in a transaction on Thursday, June 20th. The shares were sold at an average price of $11.27, for a total transaction of $47,784.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Andrew M. Cohen sold 12,900 shares of Pivotal Software stock in a transaction on Wednesday, May 1st. The stock was sold at an average price of $21.60, for a total transaction of $278,640.00. The disclosure for this sale can be found here. Insiders sold 136,458 shares of company stock valued at $2,374,654 over the last three months.
Pivotal Software Company Profile
Pivotal Software, Inc, together with its subsidiaries, provides an integrated solution that combines a cloud-native application platform and services in the United States. Its cloud-native platform, Pivotal Cloud Foundry (PCF), accelerates and streamlines software development by reducing the complexity of building, deploying, and operating modern applications.
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