Pluralsight, Inc. (NASDAQ:PS) is set to announce third quarter earning results on Thursday 5th November 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, PS to report 3Q20 loss of $ 0.06 per share.
For the full year, analysts anticipate top line of $ 382.70 million, while looking forward to loss of $ 0.23 per share bottom line.
The Company Outlook
Earnings for 3Q20 are anticipated in a range of $ -0.06 ~ $ -0.05 per share, while revenues are expected in a range of $ 95.00 million ~ $ 96.00 million
Full Year 2020 topline are forecasted in a range of$ 375.00 million ~ $ 390.00 million, where as bottomline are predicted in a range of $ -0.27 ~ $ -0.19 per share
Click Here For More Historical Outlooks Of Pluralsight, Inc.
Previous Quarter Performance
Pluralsight, Inc. announced loss for the second quarter of $ 0.02 per share, from the revenue of $ 94.77 million. Wall street analysts are predicting, PS to report 2Q20 loss of $ 0.12 per share from revenue of $ 88.24 million. The bottom line results beat street analysts by $ 0.1 or 83.33 percent, at the same time, top line results outshined analysts by $ 6.53 million or 7.40 percent.
Stock Performance
Shares of Pluralsight, Inc. traded up $ 0.84 or 4.81 percent on Wednesday, reaching $ 18.32 with volume of 1.07 million shares. Pluralsight, Inc. has traded high as $ 18.78 and has cracked $ 17.60 on the downward trend
The closing price of $ 18.32, representing a 165.25 % increase from the 52 week low of $ 6.59 and a 22.96 % decrease over the 52 week high of $ 22.69.
The company has a market capital of $ 2.65 billion and is part of the Technology sector and Software – Application industry.
Conference Call
Pluralsight, Inc. will be hosting a conference call at 2:30 PM eastern time on 5th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.pluralsight.com
Pluralsight, Inc. provides a technology skill development solutions worldwide. Its cloud-based technology skills platform offers a range of tools, including skill and role assessment tool, which uses machine learning and advanced algorithms to measure a users skills, benchmark that user against others in the industry, and recommend opportunities for growth; and Course Library that include a digital ecosystem of thousands of on-demand courses across a range of technology subject areas, such as cloud, mobile, security, IT, and data.
