Company expects Q3 non-GAAP net income per diluted share of $0.34 to $0.36
PagerDuty sees full-year revenue at $491.5 mln to $496.5 mln
Overview
US AI operations platform's Q2 revenue rose 1% yr/yr to $124 mln
Adjusted EPS for Q2 rose to $0.32
Company posted fifth straight quarter of GAAP profitability and $33 mln free cash flow
Result drivers
ARR milestone - Co said crossing $500 mln in annual recurring revenue signaled progress in its strategy
Product upgrades - Co cited major upgrades to autonomous SRE agent and incident management lifecycle integration as recent highlights
Operating margin improvement - Co said non-GAAP operating income and margin came in ahead of expectations
Analyst coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 4 "hold" and 2 "sell" or "strong sell"
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