Securities Fraud Investigation Into PagerDuty, Inc. (PD) Announced - Shareholders Who Lost Money Urged to Contact The Law Offices of Frank R. Cruz

Business Wire 3-Dec-2025 7:34 PM

The Law Offices of Frank R. Cruz announces an investigation of PagerDuty, Inc. ("PagerDuty" or the "Company") (NYSE: PD) on behalf of investors concerning the Company's possible violations of federal securities laws.

IF YOU ARE AN INVESTOR WHO LOST MONEY ON PAGERDUTY, INC. (PD), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS.

What Is the Investigation About?

On November 25, 2025, PagerDuty released third quarter fiscal 2026 financial results, revealing, among other things, "Dollar-based net retention rate was 100% as of October 31, 2025, compared to 107% as of October 31, 2024." The Company also cut its full year financial outlook to "revenue of $490.0 million - $492.0 million (compared to the previous guidance of $493.0 million - $497.0 million), representing a growth rate of 5% year over year."

During the related earnings call, the Company's CFO stated "[a]lthough the number of customers churning and downgrading is trending downwards, the dollar value of the contraction, driven by seat-based reductions and customer budget caution has been larger than we forecast."

On this news, PagerDuty's stock price fell $3.54, or 23.3%, to close at $11.64 per share on November 26, 2025, thereby injuring investors.

Contact Us to Participate or Learn More:

If you purchased PagerDuty securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:

The Law Offices of Frank R. Cruz 2121 Avenue of the Stars, Suite 800 Century City, California 90067 Call us at: 310-914-5007 Email us at: info@frankcruzlaw.com Visit our website at: www.frankcruzlaw.com. Follow us for updates on Twitter at twitter.com/FRC_LAW.

If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

View source version on businesswire.com: https://www.businesswire.com/news/home/20251203364624/en/

The Law Offices of Frank R. Cruz, Los Angeles Frank R. Cruz 310-914-5007 fcruz@frankcruzlaw.com www.frankcruzlaw.com