PagerDuty up after upbeat Q4 results, share buyback announcement

PagerDuty

14/03/2025 13:02

** Shares of software firm PagerDuty PD.N rise 4.7% to $16.34 premarket

** PD reports Q4 revenue of $121.4 mln, beating analysts' average estimate of $119.8 mln, according to data compiled by LSEG

** Reports Q4 adj. EPS of 22 cents, also beating estimates of 16 cents

** Co also announced a $150 mln share repurchase program

** "We again liked the profitability outperformance, success in the enterprise, expanding product portfolio, and the company's confidence around the 2H," says RBC Capital Markets

** Five of 13 brokerages rate the stock "buy" or higher, 6 "hold" and 2 "sell"; their median PT is $21 - LSEG

** Up to last close, PD stock was down ~33% over the past 12 months

 (Reporting by Jaspreet Singh in Bengaluru)

 ((Jaspreet.Singh@thomsonreuters.com ; https://twitter.com/i_jass))