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PagerDuty, Inc. - PD STOCK NEWS

Welcome to our dedicated page for PagerDuty news (Ticker: PD), a resource for investors and traders seeking the latest updates and insights on PagerDuty stock.

PagerDuty, Inc. (NYSE: PD) is a leading operations performance platform that enhances business reliability by reducing noise and chaos throughout the operations lifecycle. As the central hub for all operational activities, PagerDuty unites teams and integrates vital business applications to minimize resolution times, increase organizational visibility, and improve the quality of life for on-call teams. Trusted by Fortune 500 companies and startups alike, PagerDuty's esteemed customers include Microsoft, National Instruments, Electronic Arts, Adobe, Rackspace, Etsy, Square, and GitHub.

Headquartered in San Francisco, PagerDuty is supported by prominent venture capital firms such as Andreessen Horowitz, Baseline Ventures, and Ignition Partners. The company's platform is designed to manage urgent and mission-critical work in modern digital businesses by leveraging digital signals from various software-enabled systems and devices and combining them with human response data to ensure timely and appropriate actions.

PagerDuty's product offerings include Incident Management, DevOps, AIOps, Process Automation, and Customer Service Operations. These solutions empower organizations to enhance their operational efficiency and responsiveness.

For more information, visit PagerDuty's official website. Interested in experiencing the newest features? Sign up to test them at this link.

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Source: PagerDuty, Inc.

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PagerDuty's second quarter revenue increased by 19% YoY to $107.6 million. Non-GAAP operating income was $14.3 million with a margin of 13.3%. Annual recurring revenue grew by 17% YoY to $431.0 million. Total paid customers remained steady at 15,146. PagerDuty was named a Leader in The Forrester Wave for AIOps. Financial outlook for Q3 2024 expects total revenue of $106.5 million - $108.5 million and non-GAAP net income per diluted share of $0.13 - $0.14. For the full fiscal year 2024, total revenue is expected to be $426.0 million - $430.0 million and non-GAAP net income per diluted share of $0.60 - $0.65.
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PagerDuty introduces AI-generated runbooks and powerful analytics capabilities to drive cost optimization and efficiency for customers.
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PagerDuty to release Q2 FY2024 financial results on August 31, 2023.
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PagerDuty, Inc. (NYSE:PD) has achieved 'In Process' status within the Federal Risk and Authorization Management Program (FedRAMPⓇ), bringing them closer to receiving FedRAMP Authority to Operate for the PagerDuty Operations Cloud. This milestone reflects PagerDuty's commitment to rigorous security standards and will benefit federal government agencies and other customers requiring FedRAMP certification. The Operations Cloud uses AI and automation to detect and diagnose disruptive events, orchestrate response teams, and streamline infrastructure workflows. PagerDuty serves a wide range of industries, including nearly half of the Fortune 500 and more than two-thirds of the Fortune 100.
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BigCommerce (Nasdaq: BIGC) hires technology industry veteran and experienced ecommerce sales leader Steven Chung as president to lead sales, marketing, and services organizations, consolidating go-to-market teams to fuel enterprise ecommerce leadership. Chung's track record includes successful roles at Delphix and PagerDuty, with experience in rapid growth and strategic commercial operations globally.
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PagerDuty (NYSE:PD) has been named a Leader in Forrester's Process-Centric AI For IT Operations (AIOps) Wave report for Q2 2023. The company's AIOps solution, part of the PagerDuty Operations Cloud℠, received the highest possible score in several criteria, including service map maintenance, automation and remediation, and event noise reduction.

Forrester praised PagerDuty for going beyond alerting to automate processes and workflows that accelerate resolutions. The report highlighted PagerDuty's ability to normalize event data, enrich it with remediation-specific information, and power automation workflows throughout the platform. Reference customers commended PagerDuty's event noise reduction capabilities.

PagerDuty's AIOps solution works out of the box, offering quick implementation and best-in-class results, including a 400+% ROI. The company is focused on leveraging AI and Generative AI across its Operations Cloud to help teams scale, improve efficiency, and enhance customer experience.

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PagerDuty management team to present at two upcoming conferences
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PagerDuty, Inc. (NYSE:PD), a leader in digital operations management, announced the launch of PagerDuty AIOps, which automates incident response, achieving an impressive average of 87% noise reduction and delivering automated responses 9 times faster than previous solutions. This solution is designed for various teams including developers and IT operations, improving efficiency and reducing costs. Features include event correlation, advanced noise reduction, a visibility console, and integrations with over 700 platforms. PagerDuty AIOps aims to streamline IT processes, mitigate business risks, and support revenue growth amid increasing operational demands. The solution is now generally available, promising quick implementation and significant operational savings.

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FAQ

What is the current stock price of PagerDuty (PD)?

The current stock price of PagerDuty (PD) is $17.83 as of December 28, 2024.

What is the market cap of PagerDuty (PD)?

The market cap of PagerDuty (PD) is approximately 1.6B.

What does PagerDuty, Inc. do?

PagerDuty is an operations performance platform that helps businesses improve reliability by minimizing noise and chaos in their operations lifecycle.

Who are some of PagerDuty's key customers?

PagerDuty's customers include Microsoft, National Instruments, Electronic Arts, Adobe, Rackspace, Etsy, Square, and GitHub.

Where is PagerDuty headquartered?

PagerDuty is headquartered in San Francisco, California.

Who are the investors in PagerDuty?

PagerDuty is backed by leading venture capital firms such as Andreessen Horowitz, Baseline Ventures, and Ignition Partners.

What products does PagerDuty offer?

PagerDuty offers Incident Management, DevOps, AIOps, Process Automation, and Customer Service Operations.

How does PagerDuty improve operational efficiency?

PagerDuty integrates digital signals from software-enabled systems with human response data to ensure prompt and appropriate actions.

Can I test new features from PagerDuty?

Yes, you can sign up to test new features at http://onc.al/mipns.

How does PagerDuty help on-call teams?

PagerDuty improves the quality of life for on-call teams by reducing operational noise and chaos, enabling quicker incident resolution.

Is PagerDuty suitable for both startups and large enterprises?

Yes, PagerDuty is trusted by both Fortune 500 companies and startups for its reliable and efficient operational management solutions.

Where can I find more information about PagerDuty?

You can find more information on PagerDuty's official website at http://www.pagerduty.com.

PagerDuty, Inc.

NYSE:PD

PD Rankings

PD Stock Data

1.61B
83.17M
7.44%
91.01%
11.23%
Software - Application
Services-prepackaged Software
Link
United States of America
SAN FRANCISCO