PagerDuty, Inc. - PD STOCK NEWS

PagerDuty (NYSE:PD) has appointed Timm Hoyt as the new vice president of partnerships, aiming to enhance the company’s global partner and alliances strategy. Hoyt previously achieved significant revenue growth at Druva, transitioning its sales model to partner-first. With PagerDuty's partner program, the company seeks to improve digital operations management for close to 14,000 clients, including over 60% of Fortune 100 firms. Hoyt's extensive experience across various regions is expected to bolster PagerDuty's partner relations across key segments.

PagerDuty, Inc. (NYSE:PD) announced it will release its financial results for the first quarter of fiscal year 2022, ending April 30, 2021, after market close on June 3, 2021. A live Zoom video call for analysts and investors is scheduled for 2:00 p.m. PT (5:00 p.m. ET) the same day. Financial results and details about the call will be available on PagerDuty's investor relations page. The company is recognized for helping organizations deliver seamless digital operations, with customers including GE, Cisco, and Netflix.

PagerDuty, a leader in digital operations management, reported strong financial results for Q4 and full year fiscal 2021. Q4 revenue reached $59.3 million, up 29.1% year-over-year. The company achieved a total revenue of $213.6 million for the year, marking a 28.4% increase. Despite the growth, PagerDuty faced a GAAP net loss of $22.1 million for Q4 and $68.9 million for the year. Cash flow improved, with $10.1 million from operations for the year. The outlook for Q1 FY2022 anticipates revenue between $61 million and $63 million.

PagerDuty (NYSE:PD) announced a new European hosting option for customer data, leveraging Amazon Web Services (AWS). This initiative aims to enhance service reliability and reduce data latency for European clients, including those in regulated sectors like financial services and healthcare. Notable clients such as SAP and The Telegraph expressed confidence in PagerDuty's enhanced capabilities. The new regional services are expected to roll out in the second half of 2021, aligning with growing demand for cloud-based solutions in the agile digital landscape.

PagerDuty, a leader in digital operations management (NYSE:PD), announced upcoming fireside chats at several investor conferences. Key dates include the Morgan Stanley Technology, Media & Telecom Conference on March 4 at 11 AM EST, the Truist Securities Technology, Internet & Services Conference on March 9 at 2:40 PM EST, and the Berenberg Cyber Security & DevOps Conference on March 12 at 1 PM EST. The events will be available via webcast, with replays accessible on the company’s investor relations site. PagerDuty is trusted by major brands to enhance digital experiences.

PagerDuty (NYSE:PD) will announce its financial results for Q4 and the full fiscal year 2021 on March 17, 2021, after market close. A live Zoom call for analysts and investors will take place at 2:00 PM PT (5:00 PM ET) on the same day. Both the news release and the video call can be accessed on PagerDuty's investor relations page. The company is a leader in digital operations management, helping organizations ensure a seamless digital experience.

PagerDuty (NYSE:PD) has appointed Bonita Stewart to its Board of Directors, bringing over 20 years of leadership experience in digital operations and technology. Currently the Vice President of Global Partnerships at Google, Stewart is recognized for her contributions to advancing diversity in tech. Her previous roles include significant positions at Chrysler and IBM. CEO Jennifer Tejada praised her as a perfect cultural fit, emphasizing Stewart's skills in market presence and global operations management, which align with PagerDuty's commitment to digital excellence and inclusivity.

PagerDuty (NYSE:PD) has appointed Sean Scott as the company's first Chief Product Officer. Reporting directly to CEO Jennifer Tejada, Scott brings over 20 years of experience from Amazon, where he led significant product innovations. His role will focus on enhancing PagerDuty's digital operations management platform and driving product innovation to improve customer experience. Tejada emphasized that Scott's expertise will be integral in addressing evolving market demands and expanding PagerDuty’s leadership in the digital operations sector.

PagerDuty, Inc. (NYSE:PD) reported its Q3 fiscal 2021 results, achieving revenues of $53.8 million, up 25.8% year-over-year. GAAP gross margin rose to 85.7%. Operating losses increased to $21.8 million, with a net loss of $20.6 million.

Customer growth was notable, totaling 13,725 customers and expanding within major enterprises. The company expects Q4 revenue between $57.0 million and $58.0 million, indicating a 24%-26% growth rate. Full-year guidance suggests $211.0 million to $212.0 million in revenue, reflecting a 27% growth rate.