Pagerduty Stock Price, News & Analysis

PagerDuty (NYSE:PD) reported Q2 fiscal 2025 financial results, showing revenue growth of 7.7% year-over-year to $115.9 million. The company's ending ARR grew 10% to $474 million. Despite a GAAP loss from operations of $16 million, PagerDuty achieved a non-GAAP operating income of $20.1 million with a 17.3% margin. Key highlights include:

- Customers with ARR over $100K grew 6% to 820
- Dollar-based net retention rate was 106%
- Free cash flow of $33.3 million
- Cash, equivalents, and investments totaled $599.3 million

PagerDuty updated its fiscal 2025 guidance, now expecting total revenue of $463.0-$467.0 million, representing 7-8% growth year-over-year, and non-GAAP net income per diluted share of $0.67-$0.72.

PagerDuty (NYSE:PD), a leader in digital operations management, has announced it will release its financial results for the second quarter fiscal year 2025, ended July 31, 2024, after market close on September 3, 2024. The company will host a live Zoom video call for analysts and investors at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day. Both the news release with financial results and the live video call will be accessible to the public on PagerDuty's investor relations events page at investor.pagerduty.com. A replay of the call will also be made available following the event.

PagerDuty (NYSE:PD) has expanded its GenerativeAI solutions with PagerDuty Advance, embedded across the PagerDuty Operations Cloud platform. This enhancement aims to accelerate digital transformation initiatives and improve operational excellence. Key features include:

1. PagerDuty Advance Assistant for Slack: A genAI chatbot providing incident insights

2. PagerDuty Advance for Status Updates: AI-generated audience-specific status updates

3. PagerDuty Advance for Automation Digest: Summarizes automation job results

4. PagerDuty Advance for Postmortems: AI-generated incident review and recommendations

5. AI Generated Runbooks: Translates plain-English prompts into runbook automations

Early access customers reported that PagerDuty Advance for Status Updates can save up to 75 hours a month for enterprise organizations. The new features are being rolled out in the U.S. and EU service regions, with some still in early access.

PagerDuty's latest survey of 500 IT leaders reveals a 43% increase in customer-facing incidents over the past year, with each incident costing nearly $800,000. These incidents take nearly three hours to resolve, translating into significant financial losses and reduced customer trust. The survey highlights the importance of automation in mitigating these issues, as organizations with automated processes incur significantly lower costs. Key findings include a rise in incidents across various sectors, underinvestment in IT infrastructure, and increased employee burnout. PagerDuty emphasizes the need for automation to streamline incident response and reduce costs.

PagerDuty (NYSE:PD) has announced the integration of its Operations Cloud with Snowflake Trail, a new set of observability capabilities from Snowflake. This integration aims to enhance incident management by enabling proactive management of data infrastructure, quality, and AI operations, potentially reducing downtime and costs. The integration leverages OpenTelemetry and open standards for seamless compatibility with popular observability and alert platforms.

Key features include automatic detection and diagnosis of disruptive events, mobilization of the right team members, and workflow automation. This collaboration is designed to improve operational efficiency and ensure real-time communication on critical metrics.

Executives from PagerDuty and Snowflake will discuss this integration at upcoming events, including Snowflake's Data Cloud Summit on June 5, 2024, and PagerDuty on Tour in San Francisco on June 11, 2024.

PagerDuty (NYSE: PD) announced its participation in two upcoming conferences. The company will present at the Bank of America Global Technology Conference 2024 on June 4 at 2:20 pm ET and the William Blair 44th Annual Growth Stock Conference on June 5 at 5:40 pm ET. Live webcasts and replays will be accessible on PagerDuty's investor relations page.

PagerDuty (NYSE: PD) announced its first-quarter fiscal 2025 financial results, reporting an 8% year-over-year revenue increase to $111.2 million. Despite a GAAP operating loss of $21.7 million, the company achieved a non-GAAP operating income of $15.3 million. CEO Jennifer Tejada highlighted stability in annual recurring revenue growth at 10% and a solid non-GAAP profitability for seven consecutive quarters. The company also unveiled a $100 million share repurchase program.

Key financial metrics include a GAAP net loss per share of $0.26 and a non-GAAP net income per diluted share of $0.17. Operating cash flow stood at $28.6 million, with free cash flow of $27.1 million. PagerDuty has $592.8 million in cash and equivalents. The company saw a 6% increase in customers with annual recurring revenue over $100,000, totaling 811, and a 106% dollar-based net retention rate. The financial outlook for Q2 FY 2025 anticipates $115.5M-$117.5M in revenue and $0.16-$0.17 non-GAAP net income per share.

PagerDuty has announced new features and enhancements for its Operations Cloud, aimed at improving operational efficiency through advanced AI and automation. The updates include the integration of AI tools like PagerDuty Copilot, designed to streamline incident management by automating diagnostics and providing contextual information. The platform now supports customizable dashboards for real-time operational health monitoring and automation of complex workflows. These enhancements are intended to help enterprises modernize their operations, reduce costs, and increase productivity. Key features will be generally available by Q3 2024.

PagerDuty, Inc. (PD) will report its financial results for the first quarter fiscal year 2025 on May 30, 2024. The live Zoom video call for analysts and investors will be held at 2:00 p.m. PT (5:00 p.m. ET) on the same day. The information will be accessible on PagerDuty's investor relations events page, with a replay available post-call.