PagerDuty (NYSE:PD) shares rose more than 7% after-hours today following the company’s reported Q3 results, with EPS of $0.20 coming in better than the consensus estimate of $0.14.
Revenue grew 15.4% year-over-year to $108.7 million, above the consensus estimate of $107.7M. Annual recurring revenue grew 13% year-over-year to $438.9M. Customers with annual recurring revenue over $100,000 grew 10% to 778, compared to 710 in the year-ago period.
“Momentum and innovation within the PagerDuty Operations Cloud continued in the quarter with new AI enhancements and the acquisition of Jeli in November to address our customers’ biggest operational challenges,” said CEO Jennifer Tejada.
For Q4/24, the company expects EPS in the range of $0.14-$0.15, compared to the consensus of $0.13, and revenue in the range of $109.5-$111.5M, compared to the consensus of $110.4M.
For the full year, the company sees EPS at $0.72-$0.73, compared to the consensus estimate of $0.64, and revenue at $429.0-$431.0M, compared to the consensus estimate of $428.44M.