PagerDuty Inc.'s stock initially drooped more than 17% in extended trading Thursday after the cloud-computing company reported quarterly results that met...
PagerDuty Inc.’s stock initially drooped more than 17% in extended trading Thursday after the cloud-computing company reported quarterly results that met analysts’ revenue estimates and surpassed earnings projections, but reduced its annual revenue guidance.
Quarterly... PagerDuty Inc.’s stock initially drooped more than 17% in extended trading Thursday after the cloud-computing company reported quarterly results that met analysts’ revenue estimates and surpassed earnings projections, but reduced its annual revenue guidance. The company also offered second-quarter revenue guidance of between $103.5 million and $105.5 million, representing a growth rate of 15% to 17%. Analysts polled by FactSet are modeling $108.8 million for the quarter. For the year, PagerDuty reduced its revenue range to $425 million to $430 million from $446 million to $452 million. Analysts are expecting $448.7 million.
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