PagerDuty Shares Slide on Weak Outlook

Dow Jones03-13 18:21
 

By Connor Hart

 

Shares of PagerDuty fell after the company issued a lower-than-expected outlook for the current quarter.

The stock was down 13%, at $6.29, in premarket trading Friday. Through Thursday's close, shares have lost about 60% of their value over the past year.

The cloud-computing company late Thursday said it expects adjusted earnings of 23 cents a share to 25 cents a share on revenue of $118 million to $120 million during its fiscal first quarter. Analysts polled by FactSet are looking for adjusted earnings of 28 cents a share on revenue of $123.6 million.

For its three months ended Jan. 31, PagerDuty posted a profit of $9.37 million, or 12 cents a share. That compares with a loss of $8.76 million, or 12 cents a share, in last year's comparable period.

Stripping out one-time items, earnings were 29 cents a share. Analysts had expected adjusted earnings of 24 cents a share.

Revenue climbed 2.7% to $124.8 million, ahead of the $123.2 million that Wall Street had modeled.

 

Write to Connor Hart at connor.hart@wsj.com

 

(END) Dow Jones Newswires

March 13, 2026 06:21 ET (10:21 GMT)

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