PagerDuty Sees Q2 EPS $0.10-$0.11 Vs. $0.09 Est; Revenue $103.5-$105.5M Vs. $108.6M Est
Portfolio Pulse from Benzinga Newsdesk
PagerDuty expects Q2 EPS of $0.10-$0.11, beating the $0.09 estimate, but forecasts revenue of $103.5-$105.5M, lower than the $108.6M estimate.
June 01, 2023 | 8:23 pm
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NEUTRAL IMPACT
PagerDuty's Q2 EPS guidance surpasses estimates, but revenue projection is below expectations.
PagerDuty's higher-than-expected EPS guidance is a positive sign for investors, but the lower revenue forecast may offset the positive impact. The mixed results make it difficult to predict the short-term price direction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100