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PagerDuty beats Q1 profit estimates as new CEO backs usage-based pricing shift

PagerDuty beats Q1 profit estimates as new CEO backs usage-based pricing shift

PagerDuty beat profit estimates by 29% in Q1, posting $0.32 non-GAAP EPS against a $0.25 consensus, while revenue held flat at $121M. The company raised full-year EPS guidance and credited early uptake of usage-based pricing for the margin gains.