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PS - Pluralsight: Promising Unified Offering Will Unlock More Values
Pluralsight Inc.
Overview
We are turning bullish upon Pluralsight (PS)’s Q3 guidance beat and plan to launch a more holistic offering integrating Flow. The current loosely-integrated Pluralsight Flow has been proven to bump up total billings by 28% YoY. The unified offering will further increase Pluralsight's average deal size and eventually the overall gross margin.
In Q3, Pluralsight grew its revenue by 32.4% YoY to $82.62 million, which beat the guidance by $2.79 million. Another key highlight in Q3 was the appointment of a new CRO, Ross Meyercord, who spent a lot of time