New IPO: Pager Duty

Hmm. Two red flags. Company is 10 years old and had under $100M in annual revenue in 2018 and only provided results back to 2017 which makes comparisons/growth hard to evaluate.

PagerDuty, which was founded in 2009, helps alert IT employees when there are tech incidents. For its 2018 fiscal year ending January 31, PagerDuty generated revenue of $79.6 million and had a net loss of $38.1 million. PagerDuty didn’t report its previous full fiscal year, so its difficult to compare its annual growth or losses.

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