PagerDuty Expects Q4 Total Revenue Of $109.5M-$111.5M (Estimate $110.29M), Adj. EPS Of $0.14 - $0.15 (Estimate $0.13)
Portfolio Pulse from Benzinga Newsdesk
PagerDuty has provided guidance for Q4, expecting total revenue to be between $109.5M and $111.5M, which brackets the estimate of $110.29M. The company also anticipates adjusted EPS to be $0.14 - $0.15, exceeding the estimate of $0.13.
November 30, 2023 | 9:20 pm
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POSITIVE IMPACT
PagerDuty's Q4 guidance suggests higher-than-expected adjusted EPS and revenue in line with estimates, indicating a positive financial performance.
PagerDuty's guidance for Q4 indicates a strong performance, with adjusted EPS exceeding analyst expectations. This positive outlook is likely to instill investor confidence and could lead to a short-term uptick in the stock price. The revenue forecast being in line with estimates further supports the notion of a stable financial position.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100