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PagerDuty: Fiscal 2Q Earnings Snapshot

September 5, 2019

SAN FRANCISCO (AP) _ PagerDuty Inc. (PD) on Thursday reported a loss of $12.6 million in its fiscal second quarter.

The San Francisco-based company said it had a loss of 17 cents per share. Losses, adjusted for stock option expense, came to 7 cents per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 10 cents per share.

The software developer posted revenue of $40.4 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $39.2 million.

For the current quarter ending in November, PagerDuty expects its results to range from a loss of 10 cents per share to a loss of 9 cents per share.

The company said it expects revenue in the range of $41.5 million to $42.5 million for the fiscal third quarter.

PagerDuty expects full-year results to range from a loss of 37 cents per share to a loss of 36 cents per share, with revenue ranging from $162 million to $164 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PD at https://www.zacks.com/ap/PD

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