PagerDuty, Inc. - PD STOCK NEWS

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.

PagerDuty reported a strong second quarter for fiscal 2022, with revenue rising 33% year-over-year to $68 million. The company now serves nearly 18,000 enterprises, benefiting from a Dollar-Based Net Retention rate of 126%. Despite the positive revenue growth, PagerDuty faced challenges, including a GAAP net loss of $29.7 million, an increase from $14.7 million in Q2 2021. The company forecasts Q3 revenue between $69 million and $71 million, and full-year revenue of $273 million to $276 million, indicating continued growth but also ongoing financial losses.

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.