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KingPohPoh
2021-09-03

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PagerDuty stock rallies 12% on earnings, outlook beat

PagerDuty Inc. shares surged in the extended session Thursday after the DevOps software company topp

PagerDuty stock rallies 12% on earnings, outlook beat

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Kevin92
·2021-09-03
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The adjusted loss was 13 cents a share, compared with 4 cents a share in the year-ago period.</p>\n<p>Revenue rose to $67.5 million from $50.7 million in the year-ago quarter. 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Analysts surveyed by FactSet had forecast a loss of 15 cents a share on revenue of $65.6 million.</p>\n<p>\"Our solid topline beat was driven by accelerating demand for both our new Automation offering and our comprehensive Digital Operations plan, especially in the enterprise and mid-market segments,\" said Jennifer Tejada, PagerDuty chief executive, in a statement. \"Nearly 18,000 companies now run on our platform and as the world's greatest enterprises transform into digital leaders, PagerDuty is becoming the Operations Cloud for the modern enterprise.\"</p>\n<p>PagerDuty expects an adjusted loss of 10 cents to 9 cents a share on revenue of $69 million to $71 million in the first quarter, and an adjusted loss of 39 cents to 35 cents a share on revenue of $273 million to $276 million for the year.</p>\n<p>Analysts had forecast a loss of 9 cents a share on revenue of $68.3 million for the third quarter, and 39 cents a share on revenue of $270.4 million for the year.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PD":"PagerDuty, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2164829875","content_text":"PagerDuty Inc. shares surged in the extended session Thursday after the DevOps software company topped Wall Street estimates for the quarter and guided higher than the analyst consensus.\nPagerDuty $(PD)$ shares rallied over 12% after hours, following a 1.2% rise in the regular session to close at $44.30.\n\nThe company reported a fiscal second-quarter loss of $29.8 million, or 35 cents a share, compared with a loss of $14.4 million, or 28 cents a share, in the year-ago period. 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