PING - Ping Identity EPS beats by $0.07 beats on revenue
Ping Identity (NYSE:PING): Q2 Non-GAAP EPS of $0.11 beats by $0.07; GAAP EPS of -$0.13 beats by $0.03. Revenue of $78.9M (+33.8% Y/Y) beats by $12.8M. Annual Recurring Revenue of $279.6 million grew 19% from the prior year period. Revenue grew 34% year-over-year to $78.9 million, of which 93% was subscription-based. 3Q 2021 Outlook: Total ARR of $286.0 million to $288.0 million; Total Revenue of $65.0 million to $70.0 million; Unlevered Free Cash Flow* of $(16.0) million to $(13.0) million. 2021 Outlook: Total ARR of $304.0 million to $306.0 million; Total Revenue of $278.0 million to $285.0 million; Unlevered Free Cash Flow* of $11.0 million to $15.0 million. Shares +8.18%. Press Release
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Ping Identity EPS beats by $0.07, beats on revenue