PagerDuty, Inc. - PD STOCK NEWS

PagerDuty (NYSE: PD) has announced its acquisition of Catalytic, a no-code workflow automation platform. This strategic move aims to enhance PagerDuty's enterprise platform, enabling flexible workflows and automating real-time business tasks across various functions like Finance and Human Resources. The acquisition is expected to eliminate barriers for non-technical users, allowing them to automate workflows easily. The deal is subject to closing conditions, and the integration may face challenges, but it positions PagerDuty to remain competitive in the automated operations space.

PagerDuty, Inc. (NYSE:PD) announced that it will release its financial results for the fourth quarter and full fiscal year 2022, ended January 31, 2022, after market close on March 16, 2022. A live Zoom video call for analysts and investors is scheduled for 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day. The news release and video call will be accessible on PagerDuty's investor relations page.

PagerDuty, Inc. (NYSE:PD) reported a 33% year-over-year revenue increase to $72 million for Q3 fiscal 2022, ending October 31, 2021. Despite this growth, the company faced a GAAP operating loss of $24.8 million and a non-GAAP operating loss of $5.0 million. The total number of paid customers rose to 14,486, while customers with annual recurring revenue over $100,000 grew to 543. Looking ahead, PagerDuty projects Q4 revenue of $75.5 million - $76.5 million and full fiscal year revenue of $278.5 million - $279.5 million.

PagerDuty (NYSE:PD) announced a multi-year go-to-market agreement with Amazon Web Services (AWS) to enhance cloud adoption and streamline digital operations. This collaboration will feature Rundeck Cloud, a managed automation service, available on AWS in early 2022, alongside Rundeck Enterprise in the AWS Marketplace. The partnership aims to simplify cloud migration and strengthen operational capabilities. Notably, a recent tech leadership report revealed that 61% of leaders believe cloud complexity is increasing, highlighting the need for effective AIOps and automation solutions.

PagerDuty (NYSE:PD) has introduced new features aimed at enhancing digital operations management. These updates facilitate real-time event management and automation, significantly improving incident response efficiency. Notable features include Event Orchestration, which utilizes machine learning for better noise reduction and custom logic in event routing. Additionally, Rundeck is now a fully managed cloud service, and new Service Standards allow for better service management. The aim is to boost operational effectiveness in the increasingly digital business landscape.

PagerDuty, Inc. (NYSE:PD) will release its financial results for Q3 FY 2022, ending October 31, 2021, after market close on December 7, 2021. A live Zoom video call for analysts and investors will occur at 2:00 PM PT (5:00 PM ET) on the same day. Both the news release of the financial results and the video call will be available on PagerDuty's investor relations page. A replay will also be accessible post-call.

PagerDuty has launched an updated application for Salesforce Service Cloud on AppExchange, aimed at enhancing customer service agents' ability to respond to critical incidents. This upgrade provides real-time status updates and direct communication channels to Dev and IT teams, improving resolution times and customer satisfaction. As digital experiences become vital, the integration allows service agents to manage cases effectively, with a status dashboard facilitating end-to-end case resolution.

PagerDuty (NYSE: PD) is expanding its operations to Lisbon, Portugal, anticipating up to 100 new hires by 2022 in roles like software engineering and finance. The company's international revenue surged by 41% year-over-year in Q2, highlighting Europe as its fastest-growing market. This strategic move aligns with PagerDuty's goal of reaching $1 billion in annual recurring revenue (ARR). The Lisbon hub will foster innovation and support local tech growth, with PagerDuty counting notable companies like Farfetch and Mediatree among its clients.

PagerDuty (NYSE:PD) announced its management team's participation in key investor conferences: the D.A. Davidson Software and Internet Conference on September 9, the Deutsche Bank Technology Conference on September 10, and the Jefferies Virtual Software Conference on September 15 at 12 PM PT. The fireside chat will be streamed live, with replays on PagerDuty's investor relations page. PagerDuty is a leader in digital operations management, helping organizations enhance digital experiences.