SAN FRANCISCO (AP) _ PagerDuty Inc. (PD) on Wednesday reported a loss of $10.4 million in its fiscal fourth quarter.
On a per-share basis, the San Francisco-based company said it had a loss of 14 cents. Losses, adjusted for stock option expense, were 3 cents per share.
The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 6 cents per share.
The software developer posted revenue of $45.9 million in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $45.1 million.
For the year, the company reported a loss of $50.3 million, or 77 cents per share. Revenue was reported as $166.4 million.
PagerDuty expects full-year results to range from a loss of 9 cents per share to a loss of 8 cents per share, with revenue in the range of $48 million to $49 million.
PagerDuty shares have fallen 37% since the beginning of the year.