2024-03-14 19:40:22 ET
PagerDuty, Inc. (PD)
Q4 2024 Earnings Conference Call
March 14, 2024, 05:00 PM ET
Company Participants
Tony Righetti - Investor Relations
Jennifer Tejada - Chairperson & Chief Executive Officer
Howard Wilson - Chief Financial Officer
Conference Call Participants
Sanjit Singh - Morgan Stanely
Joel Fishbein - Truist
Rob Oliver - Baird
Kingsley Crane - Canaccord Genuity
Andrew Sherman - TD Cowen
Jacob Roberge - William Blair
Presentation
Tony Righetti
Good afternoon, and thank you for joining us to discuss PagerDuty's Fourth Quarter and Full Fiscal Year 2024 Results.
With me on today's call are Jennifer Tejada, PagerDuty's Chairperson and Chief Executive Officer, and Howard Wilson, our Chief Financial Officer.
Before we begin, let me remind everyone that statements made on this call include forward-looking statements based on the environment as we currently see it, which involve known and unknown risks and uncertainties that may cause our actual results, performance, or achievements to be materially different from those expressed or implied by the forward-looking statements. These forward-looking statements include our growth prospects, future revenue, operating margins, net income, cash balance, and total addressable market, among others, and represent our management's belief and assumptions only as of the date such statements are made, and we undertake no obligation to update these.
During today's call, we will make -- we will discuss non-GAAP financial measures, which are in addition to, and not a substitute for or superior to, measures of financial performance prepared in accordance with GAAP. A reconciliation between GAAP and non-GAAP financial measures is available in our earnings release. Further information on these and other factors that could cause the company's financial results to differ materially are included in filings we make with the Securities and Exchange Commission, including our most recently filed Form 10-K as well as other subsequent filings made with the SEC.
With that, I will turn the call over to Jennifer.
Jennifer Tejada
Thank you, Tony. Good afternoon, and thank you for joining us today.
PagerDuty delivered a solid fourth quarter to cap off another year of growth and substantial operating margin expansion. We demonstrated operating efficiency throughout the year and completed our second consecutive year of non-GAAP profitability. On a full-year basis, revenue grew 16% year-over-year and non-GAAP operating margin expanded by over 1,200 basis points to 13%....
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PagerDuty, Inc. (PD) Q4 2024 Earnings Call Transcript