PagerDuty Stock Slides 11% on Weak Guidance Despit…
From Financial Modeling Prep: 2025-05-30 16:19:00
PagerDuty (NYSE:PD) saw an 11% drop in shares today despite beating first-quarter expectations with earnings of $0.24 per share and revenue of $119.8 million, up 7.8% year-over-year. However, weak second-quarter guidance of $0.19-$0.20 per share and revenue of $122.5-$124.5 million caused concern among investors, leading to the selloff.
The company did raise its full-year earnings outlook to $0.95-$1.00 per share but lowered revenue expectations to $493-$499 million, down from $500-$507 million. The conflicting guidance left investors cautious, resulting in the significant drop in shares after hours.
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