Pivotal Reports Second Quarter Fiscal Year 2020 Financial Results
PIVOTAL SOFTWARE INC (PVTL)
Last pivotal software inc earnings: 9/4 04:11 pm
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Source: Business Wire
Subscription revenue grew 38% year over year Total revenue grew 17% year over year Subscription customers increased 12% year over year to 397 Dollar-based net expansion rate of 139% SAN FRANCISCO--(BUSINESS WIRE)--Pivotal Software, Inc. (NYSE: PVTL), a leading cloud-native platform provider, today reported results for the second quarter fiscal year 2020 ended August 2, 2019.“Pivotal delivered a solid performance in the second quarter. We remain focused on customer success and winning new customers with our differentiated, multi-cloud platform. Subscription revenue growth of 38% and 17% total revenue growth were driven by customer expansions and new customer wins,” said Rob Mee, CEO of Pivotal Software. “Our platform and strategic services enable enterprises to modernize their development practices and securely operate their most important applications across multi-cloud environments.”Second Quarter Fiscal 2020 Financial ResultsRevenue: Subscription revenue was $135.0 million, an in
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