Is Pluralsight, Inc. (NASDAQ:PS) As Strong As Its Balance Sheet Indicates?
Co-Founder, CEO, & Chairman of Pluralsight Inc (NASDAQ:PS) Aaron Skonnard sold 480,618 shares of PS on 03/11/2019 at an average price of $28.37 a share.
For the last quarter Pluralsight Inc reported a revenue of $67.3 million, compared with the revenue of $47.41 million during the same period a year ago. The Pluralsight Inc had an operating margin of -51.08%, compared with the operating margin of -49.6% a year before. The 10-year historical median operating margin of Pluralsight Inc is -49.60%.
PS earnings call for the period ending December 31, 2018.
FARMINGTON, Utah (AP) _ Pluralsight Inc. (PS) on Wednesday reported a loss of $15.3 million in its fourth quarter. The results beat Wall Street expectations. For the current quarter ending in April, Pluralsight expects its results to range from a loss of 9 cents per share to a loss of 8 cents per share.
Have Insiders Been Selling Pluralsight, Inc. (NASDAQ:PS) Shares?
Pluralsight (PS) saw a big move last session, as its shares jumped more than 7% on the day, amid huge volumes.
After a sluggish couple of years, IPOs are roaring back to life. The current IPO market is the most active in years, with more than 60 companies going public during the second quarter of this year. the IPOs delivered an average return of 29% in the second quarter.
Who Owns Pluralsight Inc (NASDAQ:PS)?
Shares from the Pluralsight IPO, which priced above an upwardly revised range, jumped 33% as trading got underway.
The initial public offering of online learning platform PluralSight Inc was priced at $15 per share, sources familiar with the matter said on Wednesday, above a raised range. The Farmington, Utah-based company on Tuesday increased its expected IPO price range to between $12 and $14 per share, from the prior $10 to $12 per share range on the back of strong demand. The company, which is backed by private equity firm Insight Venture Partners, is a 'unicorn' - a privately held startup with a valuation of $1 billion or more.
Online education company PluralSight Inc on Tuesday raised the anticipated price range for its initial public offering by $2, valuing the company at nearly $2 billion at the higher end. The public offering was well oversubscribed, a source familiar with the matter told Reuters on Tuesday. The IPO is expected to be priced on Wednesday evening and the stock begins trading on Thursday.