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PagerDuty shares fall in afterhours on softer guidance

AuthorYasin Ebrahim
Published 03/14/2024, 04:51 PM
© Reuters
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Investing.com -- PagerDuty (NYSE:PD) fell in after hours trading Thursday after the the cloud computing company's softer guidance overshadowed fiscal fourth-quarter result that topped Wall Street estimates. 

PagerDuty (NYSE:PD) fell more than 8% in afterhours trading following the report.

For the three months ended Jan. 31, the company reported adjusted earnings of $0.17 per diluted share on revenue of $111.1 million, topping estimates of a $0.15 per share loss on revenue of $110.4M.

For Q1, the company forecast an adjusted EPS of $0.12 to $0.13 per share on revenue of $110.5M to $112.5M, compared with Wall Street estimates of $0.18 per share on revenue of $113.9M.

For the full-year, EPS was forecast in a range of $0.65 to $0.70 on revenue of $470M to $478M, compared with analyst estimates for $0.72 on revenue of $430M.

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