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Wednesday, November 13, 2019

=Ping Identity (PING) reported earnings on Wed 13 Nov 19 (a/h)

Ping Identity beats by $0.12, beats on revs; guides Q4 revs above consensus
  • Reports Q3 (Sep) earnings of $0.13 per share, $0.12 better than the S&P Capital IQ Consensus of $0.01; revenues rose 45.1% year/year to $61.8 mln vs the $55.03 mln S&P Capital IQ Consensus.
  • ARR was $206.7 mln, up 23% from the prior year period.
  • For the period ended September 30, 2019, PING's dollar-based net retention was 115%. 
  • Co issues upside guidance for Q4, sees Q4 revs of $64.7-$66.7 mln vs. $63.35 mln S&P Capital IQ Consensus. Sees total ARR of $222.1-$223.1 mln.

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