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Jan 31, 2020

PagerDuty Q4 2020 Earnings Report

PagerDuty reported a strong end to the year with revenue increase and customer growth.

Key Takeaways

PagerDuty announced its Q4 and Full Year Fiscal 2020 results, with Q4 revenue increasing 36% year-over-year to $45.9 million. The company now has over 12,700 customers. They also surpassed 500,000 users.

Total revenue was $45.9 million, up 36% year-over-year.

GAAP gross margin was 86.2%.

PagerDuty had over 12,700 customers as of January 31, 2020.

Net cash provided by operations was $1.8 million.

Total Revenue
$45.9M
Previous year: $33.8M
+35.8%
EPS
-$0.03
Previous year: -$0.103
-70.9%
Total Paid Customers
12.7K
Gross Profit
$39.6M
Previous year: $29M
+36.6%
Cash and Equivalents
$124M
Free Cash Flow
-$182K
Total Assets
$435M

PagerDuty

PagerDuty

Forward Guidance

For the first quarter of fiscal 2021, PagerDuty expects total revenue of $48.0 million - $49.0 million, representing a growth rate of 29% - 31% year-over-year and Non-GAAP net loss per share of $0.09 - $0.08, assuming approximately 78 million shares. For the full fiscal year 2021, PagerDuty expects total revenue of $208.0 million - $213.0 million, representing a growth rate of 25% - 28% year-over-year and Non-GAAP net loss per share of $0.31 - $0.25, assuming approximately 79 million shares.

Positive Outlook

  • Total revenue of $48.0 million - $49.0 million, representing a growth rate of 29% - 31% year-over-year
  • Non-GAAP net loss per share of $0.09 - $0.08, assuming approximately 78 million shares
  • Total revenue of $208.0 million - $213.0 million, representing a growth rate of 25% - 28% year-over-year
  • Non-GAAP net loss per share of $0.31 - $0.25, assuming approximately 79 million shares