financetom
Business
financetom
/
Business
/
PagerDuty Fiscal Q1 Non-GAAP Earnings Fall, Revenue Rises; Full-Year Outlook Updated -- Shares Rise After Hours
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
PagerDuty Fiscal Q1 Non-GAAP Earnings Fall, Revenue Rises; Full-Year Outlook Updated -- Shares Rise After Hours
May 30, 2024 3:03 PM

05:30 PM EDT, 05/30/2024 (MT Newswires) -- PagerDuty ( PD ) reported fiscal Q1 non-GAAP net income late Thursday of $0.17 per diluted share, down from $0.20 per share a year earlier.

Analysts polled by Capital IQ expected $0.13.

Revenue for the quarter ended April 30 rose to $111.2 million from $103.2 million a year earlier. Analysts surveyed by Capital IQ expected $111.5 million.

For fiscal Q2, the company expects adjusted EPS of $0.16 to $0.17 on revenue of $115.5 million to $117.5 million. The consensus is $0.16 and $116.2 million, respectively.

For fiscal 2025, PagerDuty ( PD ) said it now expects adjusted EPS of $0.66 to $0.71 on revenue of $471 million to $477 million. In March, the company projected adjusted EPS at $0.65 to $0.70 on revenue of $470 million to $478 million.

Analysts are looking for normalized EPS of $0.67 on revenue of $475.3 million.

The company's board approved a $100 million share repurchase program, which is expected to continue through May 29, 2026.

PagerDuty ( PD ) shares were up 7% in after-hours activity.

Price: 19.17, Change: +1.22, Percent Change: +6.80

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
United Rentals Unusual Options Activity
United Rentals Unusual Options Activity
Sep 13, 2024
Investors with a lot of money to spend have taken a bullish stance on United Rentals ( URI ) . And retail traders should know. We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this...
WEC Energy Group Unit Signs Underwriting Agreement for Sale of $600 Million Debentures
WEC Energy Group Unit Signs Underwriting Agreement for Sale of $600 Million Debentures
Sep 13, 2024
12:01 PM EDT, 09/13/2024 (MT Newswires) -- WEC Energy Group's ( WEC ) Wisconsin Electric Power unit said Friday that it signed an underwriting agreement for the sale and issuance of $600 million in debentures. The agreement signed with underwriters, including BMO Capital Markets, RBC Capital Markets, and Citigroup Global Markets, covers the sale of $300 million of 4.60% debentures...
Ares in talks to buy GLP's operations outside China, Bloomberg News reports
Ares in talks to buy GLP's operations outside China, Bloomberg News reports
Sep 13, 2024
Sept 13 (Reuters) - Investment firm Ares Management Corp ( ARES ) is in advanced talks to acquire GLP Capital Partners' operations outside China, Bloomberg News reported on Friday, citing people familiar with the matter. The deal might include an upfront payment of roughly $3.5 billion and the total value could rise to around $5 billion over time if certain...
Update: Melcor Developments to Acquire Melcor REIT LP for $4.95 per Unit; REIT Jumps 42%
Update: Melcor Developments to Acquire Melcor REIT LP for $4.95 per Unit; REIT Jumps 42%
Sep 13, 2024
12:06 PM EDT, 09/13/2024 (MT Newswires) -- Melcor Developments ( MODVF ) late on Thursday agreed to acquire the 45% it doesn't already own of Melcor REIT (MR-UN) for $4.95 per unit. The price is a 46% premium to the REIT's closing price on Sept. 12 and a 61% premium to the 30-day volume weighted average unit price. At deal...
Copyright 2023-2026 - www.financetom.com All Rights Reserved