Compared to Estimates, PagerDuty (PD) Q3 Earnings: A Look at Key Metrics

Core Insights - PagerDuty reported revenue of $118.95 million for the quarter ended October 2024, marking a year-over-year increase of 9.4% and exceeding the Zacks Consensus Estimate of $116.5 million by 2.10% [1] - The company achieved an EPS of $0.25, up from $0.20 a year ago, resulting in an EPS surprise of 56.25% compared to the consensus estimate of $0.16 [1] Financial Performance Metrics - Total Billings for the quarter were $117.77 million, slightly below the average estimate of $119.39 million from three analysts [3] - The number of Customers reached 15,050, which is in line with the two-analyst average estimate of 15,046 [3] - The Dollar-based Net Retention Rate was reported at 107%, surpassing the average estimate of 106.3% from two analysts [3] Stock Performance - Shares of PagerDuty have returned +13.8% over the past month, outperforming the Zacks S&P 500 composite's +3.8% change [4] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [4]