
PagerDuty Inc (NYSE:PD) shares are surging in Wednesday's after-hours session after the company reported better-than-expected financial results and issued guidance.
PagerDuty said fourth-quarter revenue increased 32% year-over-year to $78.5 million, which beat the $76.08 million estimate. The company reported a quarterly earnings loss of 4 cents per share, which beat the estimate for a loss of 6 cents per share.