|Bid||32.80 x 1000|
|Ask||32.86 x 800|
|Day's Range||32.01 - 33.15|
|52 Week Range||12.02 - 37.80|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 12, 2020 - Nov 22, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||35.73|
Ping Identity Holding Corp. shares declined in the extended session Wednesday after the cybersecurity company's outlook fell short of Wall Street expectations. Ping shares declined 4.7% after hours, following a 0.1% decline in the regular session to close at $33.52. The company expects revenue of $54 million to $57 million, while analysts surveyed by FactSet had forecast on revenue of $60 million. Ping reported a second-quarter loss of $2.9 million, or 4 cents a share, versus net income of $1.8 million, or 3 cents a share, in the year-ago period. Adjusted earnings, excluding stock-based compensation and other items, were 8 cents a share. Revenue declined to $59 million from $62.5 million in the year-ago quarter. Analysts had forecast earnings of 2 cents a share on revenue of $53.8 million.
Shares of Ping Identity Holding (NYSE:PING) fell 5.1% in after-market trading after the company reported Q2 results.Quarterly Results Earnings per share rose 166.67% year over year to $0.08, which beat the estimate of $0.01.Revenue of $58,981,000 decreased by 5.57% year over year, which beat the estimate of $53,790,000.Guidance Earnings guidance hasn't been issued by the company for now.Q3 revenue expected between $54,000,000 and $57,000,000.Conference Call Details Date: Aug 12, 2020View more earnings on PINGTime: 05:00 PMET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestor.pingidentity.com%2Fevents-and-presentations%2Fdefault.aspx&eventid=2399229&sessionid=1&key=B9DBDF54D099E4838BD8525CCFC34E2E®Tag=&sourcepage=registerTechnicals 52-week high: $37.80Company's 52-week low was at $12.02Price action over last quarter: Up 25.34%Company Overview Ping Identity Holding Corp is a United States-based company engaged in the business of software. It enables secure access to any service, application or API from any device. Its Intelligent Identity Platform leverages artificial intelligence and machine learning to analyze the device, network, application and user behavior data to make authentication and security control decisions.See more from Benzinga * Earnings Scheduled For August 12, 2020 * Stocks That Hit 52-Week Highs On Wednesday * Stocks That Hit 52-Week Highs On Monday(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Ping Identity Holding Corp. ("Ping Identity," or the "Company") (NYSE: PING), the Intelligent Identity solution for the enterprise, today announced its financial results for the quarter ended June 30, 2020.