PagerDuty, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended October 31, 2023
November 01, 2023 at 02:35 am IST
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PagerDuty, Inc. reported earnings results for the third quarter and nine months ended October 31, 2023. For the third quarter, the company reported sales was USD 108.72 million compared to USD 94.2 million a year ago. Net loss was USD 15.13 million compared to USD 32.54 million a year ago. Basic loss per share from continuing operations was USD 0.16 compared to USD 0.36 a year ago. Diluted loss per share from continuing operations was USD 0.16 compared to USD 0.36 a year ago.
For the nine months, sales was USD 319.58 million compared to USD 269.83 million a year ago. Net loss was USD 51.13 million compared to USD 103.86 million a year ago. Basic loss per share from continuing operations was USD 0.55 compared to USD 1.18 a year ago. Diluted loss per share from continuing operations was USD 0.55 compared to USD 1.18 a year ago.
PagerDuty, Inc. is engaged in digital operations management platform that manages urgent and mission-critical work for digital business. The Company collects data and digital signals from virtually any software-enabled system or device and leverages enables machine learning to correlate, process, and predict opportunities and issues. It uses incident response, event management, and automation, the Company brings together the right people with the right information so they can resolve issues and act on opportunities in minutes or seconds from wherever they are. The PagerDuty Operations Cloud consists of PagerDuty Incident Management, AIOps, Process Automation and Customer Service Operations. PagerDuty Incident Management provides a real-time view across the status of a digital service while incorporating intelligent noise reduction to remove false positives. PagerDuty Process Automation provides a centralized design time and run time environment for orchestrating automated workflows.
PAGERDUTY, INC. 
