Categories Earnings, Technology

PagerDuty (PD) Q4 2020 Earnings Snapshot

— PagerDuty (NYSE: PD) reported fourth-quarter 2020 loss of $0.03 per share vs. expected loss per share of $0.06.

— Revenue rose 36% to $45.9 million vs. $45.08 million expected.

— For fiscal 2021, the company expects revenue to be in the range of $208 million to $213 million, representing a growth rate of 29-31%. Non-GAAP loss per share is pegged to be $0.31 – $0.25.

— For the first quarter of 2021, PagerDuty estimates revenue to grow 29-31% year-over-year to a range of $48 million to $49 million. Non-GAAP loss per share is expected to be in the range of $0.09 – $0.08.

— The company had over 12,700 customers as of January 31, 2020.

— PD stock, which dropped 39% so far this year, was up about 2% immediately after the earnings announcement. 

Also Read:  Meat demand likely to drive Tyson Foods' Q4 results

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