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PagerDuty Analysts Cut Their Forecasts After Q2 Results

1. PagerDuty's Q2 adjusted earnings beat expectations by 9 cents. 2. Sales of $123.411 million missed estimates by $0.228 million. 3. Q3 EPS guidance is below analyst expectations at 24-25 cents. 4. Analysts adjust price targets, mostly lowering them post-earnings. 5. Shares gained 5.5% following the earnings report.

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FAQ

Why Neutral?

Mixed results with an earnings beat but a sales miss; lower future guidance may limit upside.

How important is it?

Earnings results and guidance significantly influence investor sentiment; various analyst ratings reflect caution.

Why Short Term?

Immediate market reactions to the earnings report and guidance will impact price short-term.

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