PagerDuty, Inc. Q3 Loss increases, misses estimates

PagerDuty, Inc. (PD) released Loss for its third quarter that increased from the same period last year and missed the Street estimates.

The company's earnings came in at -$32.5 million, or -$0.36 per share. This compares with -$26.3 million, or -$0.31 per share, in last year's third quarter.

Analysts on average had expected the company to earn -$0.04 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 27.6% to $76.2 million from $59.7 million last year.

PagerDuty, Inc. earnings at a glance (GAAP) :

-Earnings (Q3): -$32.5 Mln. vs. -$26.3 Mln. last year.
-EPS (Q3): -$0.36 vs. -$0.31 last year.
-Analyst Estimate: -$0.04
-Revenue (Q3): $76.2 Mln vs. $59.7 Mln last year.

Next quarter EPS guidance: $0.02-$0.03
Next quarter revenue guidance: $98.0-$100.0 mln
Full year EPS guidance: $-0.01-$0.00
Full year revenue guidance: $368-$370 mln

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