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)
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