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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.

Rhea-AI Summary

PagerDuty (NYSE:PD) announces enhancements to its Operations Cloud aimed at improving operational efficiency, decreasing costs, and maximizing service uptime. The updated platform addresses rising operational challenges, helping teams manage incidents more effectively. A notable feature is the integrated Customer-facing Status Pages for real-time updates, enhancing customer experience. Additionally, Flexible Incident Workflows and AIOps-powered Alert Grouping aim to reduce incident resolution time and system noise. The company reports potential efficiency improvements, with IDC estimating incident inefficiencies costing organizations over $2.4 million annually.

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PagerDuty (NYSE: PD) is enhancing its Customer Service Operations (CSOps) solution, now adopted by over 2,000 teams worldwide. This product line is the company's fastest-growing segment, integrating seamlessly with Salesforce (NEO: CRM) and enhancing collaboration between customer service and development teams. The solution aims to expedite issue resolution, improving customer satisfaction. With the PagerDuty Operations Cloud, organizations can proactively address digital operational challenges, minimizing potential revenue losses.

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PagerDuty (NYSE:PD) has appointed Sesh Tirumala as Chief Information Officer and Heather Hinton as Chief Information Security Officer to enhance its executive leadership. Tirumala brings over 25 years of technology expertise, focusing on operational efficiency and customer relations. Hinton, with 30 years in IT and cybersecurity, will lead security operations at PagerDuty. These changes aim to bolster the company's commitment to operational excellence and security, further solidifying its market position in digital operations management.

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PagerDuty, Inc. (NYSE:PD) announced a 34% revenue increase in Q2 fiscal 2023, reaching $90.3 million. Despite strong sales, the company reported a GAAP operating loss of $37.9 million and a non-GAAP operating loss of $3.4 million. The total paid customer base rose to 15,174, while annual recurring revenue customers grew to 689. PagerDuty forecasts Q3 revenue between $92 million and $94 million, with a projected full-year revenue of $365 million to $370 million. The company remains focused on profitability amidst a challenging macro environment.

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PagerDuty (NYSE: PD) has appointed Bill Losch to its Board of Directors, bringing over 30 years of SaaS financial and operational leadership. Previously CFO at Okta, Losch played a pivotal role in the company's IPO and market growth. His experience includes scaling enterprises and overseeing significant acquisitions. PagerDuty's CEO, Jennifer Tejada, emphasized that Losch's expertise aligns with the company's mission to innovate in digital operations. Losch will also join the Audit Committee, aiming to enhance the company's growth and profitability.

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PagerDuty, Inc. (NYSE:PD) has announced it will release its financial results for Q2 fiscal 2023, ended July 31, 2022, after market close on September 1, 2022. A live video call for analysts and investors will be held at 2:00 p.m. Pacific Time on the same day, with results available on their investor relations page. PagerDuty is recognized as a leader in digital operations management, helping organizations enhance their digital customer experience through real-time issue identification and resolution.

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PagerDuty, Inc. (NYSE:PD) announced that its management team will present at the Canaccord Genuity 42nd Annual Growth Conference on August 10th at 3:00 p.m. ET. A live webcast and replay will be available on PagerDuty’s investor relations page.

PagerDuty is recognized as a leader in digital operations management, helping organizations ensure a seamless digital experience. Their customer base includes major companies like Cisco, DocuSign, and Shopify. For more information, visit www.pagerduty.com.

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Rhea-AI Summary

PagerDuty Inc. (NYSE:PD) announced significant updates at the PagerDuty Summit 2022, enhancing its Operations Cloud capabilities.

These improvements focus on automating incident response, allowing organizations to transition from manual processes to proactive, efficient operations.

New features include Incident Workflows and Automation Actions, aimed at improving incident resolution speed and reducing escalated issues.

The release underscores PagerDuty's role in supporting digital transformation for enterprises.

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PagerDuty, a leader in digital operations management, will present at the William Blair 42nd Annual Growth Stock Conference on June 9th at 2:20 p.m. ET. The presentation will be accessible via a live webcast and replay on PagerDuty's investor relations page. The company supports organizations in maintaining optimal digital experiences, having notable clients like Cisco, DocuSign, and Zoom. To learn more about PagerDuty, visit www.pagerduty.com.

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FAQ

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

The current stock price of PagerDuty (PD) is $18.43 as of December 25, 2024.

What is the market cap of PagerDuty (PD)?

The market cap of PagerDuty (PD) is approximately 1.7B.

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

1.66B
83.17M
7.44%
91.01%
11.23%
Software - Application
Services-prepackaged Software
Link
United States of America
SAN FRANCISCO