Ping Identity (PING) Reports Q2 Loss, Misses Revenue Estimates

Published on 3 Aug 2022 on Zacks via Yahoo Finance

Ping Identity (PING) Reports Q2 Loss, Misses Revenue Estimates

Ping Identity (PING) came out with a quarterly loss of $0.34 per share versus the Zacks Consensus Estimate of a loss of $0.13. This compares to earnings of $0.11 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -161.54%. A quarter ago, it was expected that this software company would post a loss of $0.01 per share when it actually produced a loss of $0.06, delivering a surprise of -500%.

Over the last four quarters, the company has surpassed consensus EPS estimates just once.

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