PagerDuty Beats Q2 Revenue, Crosses $500M ARR, Guides Q3 Above Consensus
PD has more than doubled off its 52-week low of $5.7.
Summary
PagerDuty delivered Q2 FY2027 revenue of $124.4M, up 0.8% YoY and above the high end of guidance. ARR crossed $500M to $501M, and the company posted its fifth consecutive quarter of GAAP profitability with net income of $4.7M. Non-GAAP operating income of $29.5M (23.7% margin) beat expectations, and free cash flow was $32.8M. Q2 adjusted EPS was 32 cents. Q3 guidance of $123-125M revenue and $0.34-0.36 non-GAAP EPS is above consensus, with full-year FY27 revenue guided to $491.5M-$496.5M and adjusted EPS of $1.33-$1.37. This follows a period of leadership changes and insider selling, but the strong profitability and cash flow metrics suggest the business is stabilizing.
At the time of this announcement, PD was trading at $12.40 on NYSE in the Technology sector, with a market capitalization of approximately $974.1M. The 52-week trading range was $5.70 to $17.29. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: BusinessWire.