PagerDuty Raises Full-Year EPS Guidance, Reports Q1 Adjusted EPS of $0.32
PD sits 52% above its 52-week low of $5.7.
Summary
PagerDuty reported Q1 adjusted EPS of $0.32 on $121 million revenue, a 1% year-over-year increase. The company also raised its full-year non-GAAP EPS guidance to $1.27-$1.32 and provided Q2 guidance. This update follows earlier SEC filings today that announced Q1 results and a new $100 million share repurchase program. The specific raised guidance, alongside the adjusted EPS beat, offers a positive forward outlook despite modest revenue growth.
At the time of this announcement, PD was trading at $8.64 on NYSE in the Technology sector, with a market capitalization of approximately $570.3M. The 52-week trading range was $5.70 to $18.00. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Reuters.