PagerDuty, Inc. (PD) Reports In-Line Q1 EPS

June 6, 2019 5:24 PM EDT

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PagerDuty, Inc. (NYSE: PD) reported Q1 EPS of ($0.22), in-line with the analyst estimate of ($0.22). Revenue for the quarter came in at $37.3 million versus the consensus estimate of $34.99 million.

“We are pleased to report strong Q1 results in our first quarter as a public company, with revenue accelerating to 49% year-over-year growth and best-in-class gross margins above 85%,” said Jennifer Tejada, Chief Executive Officer of PagerDuty. “We continued to see growing demand across industry verticals and customer segments, especially the enterprise segment. Our existing customers are expanding their use of PagerDuty, adding teams and adopting new products like Event Intelligence and Analytics that enable a more proactive approach to digital operations. With our community applying PagerDuty to new use cases every day, we are just scratching the surface of the potential for our business.”

GUIDANCE:

PagerDuty, Inc. sees Q2 2020 EPS of ($0.09)-($0.10), versus the consensus of ($0.10). PagerDuty, Inc. sees Q2 2020 revenue of $38.5-39.5 million, versus the consensus of $37.1 million.

PagerDuty, Inc. sees FY2020 EPS of ($0.37)-($0.38), versus the consensus of ($0.38). PagerDuty, Inc. sees FY2020 revenue of $161-163 million, versus the consensus of $155.8 million.

For earnings history and earnings-related data on PagerDuty, Inc. (PD) click here.



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