PagerDuty Announces First Quarter Fiscal Year 2021 Financial Results
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PagerDuty, Inc. (PD) Tops Q1 EPS by 5c, Revenues Beat; Offers 2Q EPS/Revenue Guidance Above Consensus, FY21 EPS Views Above Cons., Offers FY21 Revenue Outlook
June 4, 2020 4:06 PM EDTPagerDuty, Inc. (NYSE: PD) reported Q1 EPS of ($0.04), $0.05 better than the analyst estimate of ($0.09). Revenue for the quarter came in at $49.8 million versus the consensus estimate of $47.99 million.
First Quarter Fiscal 2021 Financial Highlights
Revenue: Total revenue was $49.8 million, up 33% year-over-year.Gross Margin: GAAP gross margin was 86.0%. Non-GAAP gross margin was 86.7% compared to non-GAAP gross margin of 85.7% in the first quarter of fiscal 2020.Operating Loss: GAAP operating loss was $12.6 million, or GAAP operating margin of negative 25.3%, compared to a $12.7 million GAAP loss, or GAAP operating margin of negative 34.1%, in... More