digital operations management platform
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PagerDuty’s (PD) Q2 Results Impress amid Heightened AI Adoption
Yahoo Finance· 2025-09-16 17:34
Core Insights - PagerDuty Inc. is recognized as a strong tech stock by Cathie Wood, despite Goldman Sachs maintaining a Neutral rating with a $16 price target following the company's Q2 results [1][2] Financial Performance - In Q2, PagerDuty's revenue increased by 6% year-over-year to $123 million, surpassing expectations, with earnings per share at $0.30 compared to the forecast of $0.20 [2] - Annual recurring revenue rose by 5% year-over-year to $499 million, with the number of customers generating over $100,000 in revenue increasing by 6% to 868 [4] Market Position and Strategy - PagerDuty is positioned as a key player in the AI ecosystem, serving as a preferred real-time operations platform for enterprises and AI-native companies [3] - The company anticipates Q3 revenue to be between $124 million and $126 million, indicating a year-over-year growth of 4% to 6% [4] Product Offering - PagerDuty provides a digital operations management platform that assists IT and DevOps teams in real-time incident detection, response, and resolution, integrating with various monitoring tools and utilizing AI for automation [5]