PagerDuty (PD) Swings to Q1 Profit, Raises Full-Year Earnings Guidance

PagerDuty Inc. reported a net profit for its fiscal first quarter ended April 30, 2026, reversing a loss from the same period a year earlier, and raised its earnings outlook for the full year. The digital operations management software maker posted earnings of $0.15 per share, compared with a loss of $0.04 per share in the prior-year quarter, as revenue climbed 12% to $124.9 million. The company cited disciplined cost management and demand for its AIOps platform, which helps enterprises automate incident response. Annual recurring revenue grew to $503 million. For fiscal 2027, PagerDuty now projects adjusted earnings per share between $0.70 and $0.76, up from its previous view of $0.62 to $0.70. Shares rose 8% in after-hours trading following the May 28, 2026, announcement.