Ping Identity Reports Third Quarter 2019 Results, Provides Outlook for Full Year 2019
Ping Identity Holding Corp. (PING)
Last ping identity holding corp. earnings: 3/4 04:10 pm
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Company Research
Source: Business Wire
ARR was $206.7 million, up 23% from the prior year periodThird quarter total revenue was $61.8 million, of which 93% was subscription revenueCompany raised $187.5 million in Initial Public Offering DENVER--(BUSINESS WIRE)--Ping Identity Holding Corp. (“Ping Identity,” or the “Company”) (NYSE: PING), a pioneer in Intelligent Identity, today announced its financial results for the quarter ended September 30, 2019.“Our strong third quarter results were driven by Ping Identity’s Intelligent Identity leadership in securing customer, employee, partner and IoT identities across the enterprise market, and bolstered by market-wide momentum for identity solutions that enable digital transformation and simultaneously enhance security,” said Andre Durand, Ping Identity’s founder and Chief Executive Officer. “It’s been a momentous year to date for both Ping Identity and our clients. We completed our initial public offering, successfully launched several new identity solutions for securing users
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