PagerDuty Q2 Earnings Beat Estimates, Shares Fall on Weak FY25 View

PagerDuty (PD) shares fell 1.15% to close at $18.08 on Wednesday, following its second-quarter fiscal 2025 results reported on Tuesday. Although both non-GAAP earnings and revenues increased on a year-over-year basis, PD lowered its fiscal 2025 revenue guidance, as well as announced a contraction in operating margin for the fiscal third quarter. The weak outlook spooked investors. PD continues to suffer from weakness in the SMB segment. The challenging macroeconomic environment is also negatively impacting ...