PagerDuty reported Q1 revenue of $119.81 million, a 7.8% increase year-over-year, and EPS of $0.24, up from $0.17 in the prior year, exceeding consensus estimates. Key metrics were mixed, with customer count beating estimates at 15,247 versus 15,088 expected, while total billings slightly missed at $113.77 million compared to the $117.72 million estimate, and the dollar-based net retention rate was 104% versus the estimated 105.3%. The stock, currently holding a Zacks Rank #2 (Buy), has underperformed the S&P 500 over the past month, returning 3.5% compared to the index's 6.4% gain.
PagerDuty reported strong Q1 results for the period ending April 2025, with revenue reaching $119.81 million, a 7.8% year-over-year increase and a 0.73% beat against the Zacks Consensus Estimate. Earnings per share also significantly outperformed, coming in at $0.24 compared to $0.17 in the prior year and surpassing the consensus estimate of $0.19 by 26.32%. While these headline figures are positive, key operational metrics presented a mixed picture: customer numbers exceeded expectations at 15,247 versus an estimated 15,088, indicating successful customer acquisition. However, total billings of $113.77 million fell short of the $117.72 million analyst consensus, and the dollar-based net retention rate of 104% was slightly below the 105.3% estimate, suggesting potential moderation in existing customer spending growth. Despite the stock's recent underperformance, returning +3.5% over the past month compared to the S&P 500 composite's +6.4%, PagerDuty currently holds a Zacks Rank #2 (Buy), implying potential near-term outperformance according to Zacks.
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moderately positive
Sentiment Score
0.40
Ticker Sentiment
