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Apr 30, 2021
PagerDuty Q1 2022 Earnings Report
PagerDuty's Q1 2022 financial results were announced, demonstrating growth and platform expansion.
Key Takeaways
PagerDuty announced its Q1 Fiscal 2022 financial results, with revenue increasing by 28% year-over-year to $63.6 million. The company's customer base has grown to over 16,800, with significant expansions in customer service and SecOps.
Revenue increased 27.7% year-over-year to $63.6 million.
GAAP gross margin was 83.6%, while non-GAAP gross margin was 85.2%.
Over 16,800 companies are now using PagerDuty.
Net cash provided by operations was $1.6 million, or 2.5% of revenue.
PagerDuty
PagerDuty
Forward Guidance
For the second quarter of fiscal 2022, PagerDuty expects total revenue of $64.5 million - $66.5 million, representing a growth rate of 27% - 31% year over year and Non-GAAP net loss per share of $0.16 - $0.15 assuming approximately 84 million shares.
Positive Outlook
- Total revenue of $64.5 million - $66.5 million, representing a growth rate of 27% - 31% year over year
- Non-GAAP net loss per share of $0.16 - $0.15
- Assuming approximately 84 million shares