PagerDuty, Inc. - PD STOCK NEWS

PagerDuty, a leader in digital operations management (NYSE:PD), will announce its Q2 fiscal 2022 financial results on September 2, 2021, after market close. A live Zoom call for analysts and investors is scheduled for 2:00 PM PT (5:00 PM ET) on the same day, with a news release also available through the company's investor relations page. PagerDuty caters to clients like GE, Cisco, and Netflix, offering solutions for real-time issue identification and resolution, enhancing customer experiences.

PagerDuty (NYSE:PD) released its inaugural “State of Digital Operations” report, analyzing data from over 16,000 companies and 700,000 users. The report highlights the surge in real-time work during the pandemic, revealing that over a third of users worked additional hours, and incidents rose by 19% year-over-year. Key findings include increased off-hour interruptions and a notable rise in critical incidents, especially in the Travel, Hospitality, and Telecom sectors. The report's insights aim to help organizations improve operational efficiency and mitigate employee burnout.

PagerDuty, Inc. (NYSE:PD) has announced new capabilities to enhance digital operations management, focusing on automation to reduce incident response times. Key features include Runbook Actions for faster incident resolution, a new customer service plan for improved enterprise-wide responses, and the Service Graph for visualizing service dependencies. Additionally, PagerDuty introduced AIOps Change Correlation and Outlier Incident tools to streamline incident analysis. These innovations aim to empower organizations in managing critical business functions effectively.

Cyral has announced a seamless integration with PagerDuty (NYSE:PD), enhancing digital operations management for on-call engineers. This collaboration allows organizations to improve access management for production databases, significantly speeding up incident response and reducing Mean Time to Resolution (MTTR). The joint solution enables centralized authentication, just-in-time access for production issues, and detailed activity logs for enhanced security and compliance. PagerDuty customers can sign up for a 14-day free trial to experience the benefits of this integration.

PagerDuty (NYSE:PD) will host a virtual Investor Day on June 24, 2021, from 8 AM to 11 AM PT. The event will feature presentations from key executives, including CEO Jennifer Tejada and CFO Howard Wilson. Interested participants can register for a live webcast, with replays available at investor.pagerduty.com. PagerDuty is a leader in digital operations management, trusted by major companies like GE and Netflix to ensure seamless digital experiences for customers.

PagerDuty (NYSE: PD) announced new integrations with JFrog (NASDAQ: FROG) to enhance digital operations management. The integrations offer DevSecOps and SDLC Monitoring, aimed at identifying security issues and improving software delivery lifecycles. JFrog Xray will notify teams of security vulnerabilities, while JFrog Pipelines will streamline incident resolution and build identification. These capabilities are expected to reduce bottlenecks in software delivery, thereby enhancing the reliability of digital services. The partnership aims to empower organizations in managing critical incidents effectively.

PagerDuty, Inc. (NYSE:PD) reported Q1 fiscal 2022 results, achieving revenue of $63.6 million, a 27.7% year-over-year increase. The company's gross margin was 83.6%, down from 86.0% in Q1 FY21. PagerDuty reported a GAAP net loss of $22.6 million or $0.27 per share. Despite operating losses (GAAP operating margin of -33.4%), PagerDuty's dollar-based net retention was strong at 121%. The outlook for Q2 FY2022 anticipates revenue of $64.5 - $66.5 million, indicating continued growth.

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.