1356 ET - PagerDuty delivered solid 4Q results to close out a year of transition, say analysts at Truist in a research note. The digital operations management platform over the last 12 months has been executing a go-to-market strategy to improve its deal activity, say the analysts. They add that executives acknowledged a slower than expected start, while recent incremental changes sound more significant than their initial strategy. The analysts believe a key adjustment has been the hiring of experienced enterprise GTM reps, while a search for chief revenue officer is also expected to pay dividends. PagerDuty surges 17% to $18.23. (denny.jacob@wsj.com; @pennedbyden)
(END) Dow Jones Newswires
March 14, 2025 13:56 ET (17:56 GMT)
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