Pivotal Software (PVTL) reported earnings on Tue 12 June 18 (a/h)

** charts before earnings **

 

** charts after earnings **

** The following day **

Pivotal Software beats by $0.03, beats on revs; guides Q2 EPS in-line, revs above consensus; guides FY19 EPS above consensus, revs above consensus 

• Reports Q1 (Apr) loss of $0.10 per share, $0.03 better than the Capital IQ Consensus of ($0.13); revenues rose 28.5% year/year to $155.7 mln vs the $140.41 mln Capital IQ Consensus.
• PVTL added 20 net new subscription customers from 4Q18 for a total of 339 subscription customers in Q1.
• Dollar-based net expansion rate was 156%.
• Co issues guidancefor Q2, sees EPS of ($0.10)-($0.09) vs. ($0.10) Capital IQ Consensus Estimate; sees Q2 revs of $157-$159 mln vs. $152.81 mln Capital IQ Consensus Estimate.
• Co issues upside guidancefor FY19, sees EPS of ($0.39)-($0.37) vs. ($0.45) Capital IQ Consensus Estimate; sees FY19 revs of $642-$649 mln vs. $622.03 mln Capital IQ Consensus Estimate.