PagerDuty

PagerDuty has appointed Alex Shootman, currently CEO and a board member of Alkami, to its board of directors effective immediately. Shootman brings more than 25 years of experience building and scaling enterprise‑SaaS companies, including prior leadership roles at Workfront, Apptio, Eloqua, IBM and BMC Software. At the same time, Elena Gomez resigned from the board to focus on her duties as President and CFO at Toast. The company reports a gross profit margin of 85%, a market capitalization of $841 million and a P/E ratio of 5.19; analysts point to a possible undervaluation. » Más en de.investing.com

PagerDuty has appointed Ingram Micro as its exclusive authorized distributor in Australia. Ingram Micro will integrate the PagerDuty Operations Cloud into its product portfolio and cloud marketplaces to expand the vendor’s sales presence in the region. The two companies plan to jointly recruit and qualify partners; solution providers will gain access to the incident management platform and to complementary technologies such as observability, IT service management, security and DevOps. The announcement comes with a market capitalization of USD 695 million and a low P/E ratio of 4.26; InvestingPro rates the stock as significantly undervalued. PagerDuty highlights a high gross margin of 85% and usage by around two-thirds of Fortune 100 companies. » Más en de.investing.com

PagerDuty is identified as the cleanest takeover setup with a $717 million market cap, 1.6x EV/Revenue and Q1 revenue growth of just 1%, forcing consideration of strategic alternatives. The company has strengthened cash flow (Q1 FCF $41.19 million), posted consecutive GAAP profitability quarters, authorized a $100 million buyback and completed a CEO transition to John DiLullo. Its small size, profitable profile and clear strategic fit with buyers like ServiceNow, Atlassian or Datadog make it the likeliest target versus Asana and Freshworks. » Más en finance.yahoo.com