PagerDuty Shares Rise on 4Q Revenue Beat, Buyback Authorization

Dow Jones

03-14

By Denny Jacob

PagerDuty shares rose 4.2% in premarket trading after higher-than-expected fourth-quarter revenue.

Shares were trading around $16.26. The stock is down 32% over the last year.

The digital operations management platform recorded $121.4 million in fourth-quarter revenue, above estimates of $119.7 million.

PagerDuty also said its board authorized a new share repurchase program for up to $150 million of common stock.

Write to Denny Jacob at denny.jacob@wsj.com

(END) Dow Jones Newswires

March 14, 2025 07:43 ET (11:43 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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The stock is down 32% over the last year. \n\n\n  The digital operations management platform recorded $121.4 million in fourth-quarter revenue, above estimates of $119.7 million. \n\n\n  PagerDuty also said its board authorized a new share repurchase program for up to $150 million of common stock. \n\n\n \n\n\n  Write to Denny Jacob at denny.jacob@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 14, 2025 07:43 ET (11:43 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding,buyback","news_rank":0,"symbols":[],"gpt_button":1}}}