Ping Identity reports nearly $300 million revenue for 2021

Ping Identity delivered better-than-expected fourth quarter earnings results on Thursday, reporting a Q4 revenue of $75.4 million and total revenue for the full year of $299.4 million. 

The company, which “delivers intelligent identity solutions for the enterprise,” reported a non-GAAP net loss per share of $0.13 for the quarter and a non-GAAP net earning per share of $0.10 for the full year. 

ZDNet Recommends

The best security key

While robust passwords help you secure your valuable online accounts, hardware-based two-factor authentication takes that security to the next level.

Read More

Wall Street was expecting a non-GAAP loss of $0.10 a share and a revenue of $71.4 million for the quarter.

“We and our customers are building a new security perimeter focused on identity and Zero Trust, one that aims to do away with the data-center perimeter that permeated the past,” said Andre Durand, Ping Identity’s CEO. 

“In 2022, we are centered on four strategic growth pillars: further driving our cloud transformation, extending our leadership in the customer use case, deepening our channel relationships, and ensuring our solutions drive accelerating demand among our enterprise customers in existing and new

Read More: https://www.zdnet.com/finance/ping-identity-reports-nearly-300-million-revenue-for-2021/#ftag=RSSbaffb68