PagerDuty Inc.’s stock initially drooped more than 17% in extended trading Thursday after the cloud-computing company reported quarterly results that met analysts’ revenue estimates and surpassed earnings projections, but reduced its annual revenue guidance.
The company PD reported a fiscal first-quarter net loss of $12.8 million, or 13 cents a share, compared with a net loss of $32.8 million, or 38 cents a share, in the year-ago quarter. Adjusted earnings were 20 cents a share.
Quarterly…
