Advertisement
New Zealand markets close in 5 hours 32 minutes
  • NZX 50

    11,718.90
    -25.49 (-0.22%)
     
  • NZD/USD

    0.6110
    +0.0022 (+0.37%)
     
  • ALL ORDS

    8,007.10
    +47.60 (+0.60%)
     
  • OIL

    79.81
    -0.16 (-0.20%)
     
  • GOLD

    2,091.60
    -4.10 (-0.20%)
     

Why Shares of PagerDuty Stock Are Rising Fast Today

Why Shares of PagerDuty Stock Are Rising Fast Today

Shares of PagerDuty (NYSE: PD), a digital operations management company, were climbing today after the company reported better-than-expected third-quarter results. PagerDuty reported non-GAAP (adjusted) earnings per share of $0.04, up from a loss of $0.07 in the year-ago quarter and easily outpacing analysts' consensus estimate of a loss of $0.04 per share. The company also beat Wall Street's top-line estimates, with PagerDuty reporting $94.2 million in the quarter, up 31% year over year, ahead of the average consensus estimate of $92.8 million.