PagerDuty: Q3 Earnings Insights

PagerDuty PD reported its Q3 earnings results on Tuesday, December 7, 2021 at 04:00 PM.

Here's what investors need to know about the announcement.

PagerDuty beat estimated earnings by 22.22%, reporting an EPS of $-0.07 versus an estimate of $-0.09, which surprised analysts.

Revenue was up $17,988,000 from the same period last year.

Last quarter the company beat on EPS by $0.02, which was followed by a 6.95% increase in the share price the next day.

Here's a look at PagerDuty's past performance:

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	-0.15	-0.09	-0.11	-0.10
EPS Actual	-0.13	-0.08	-0.07	-0.09
Revenue Estimate	65.56M	61.95M	57.43M	52.54M
Revenue Actual	67.54M	63.59M	59.28M	53.77M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

PagerDuty management provided guidance for their next quarter, expecting earnings between $-0.1 and $-0.09 per share for the nextquarter.

This represents a -35.71% in quarter-over-quarter growth for PagerDuty, a bearish signal to many investors.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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