Pagerduty vs Rimini Street: why the prices moved differently

Weekly · monthly · quarterly news summaries, side by side in time

Pagerduty Inc (PD)

Q3 202618 Jun – 28 Aug 2026

▲2▼1

PagerDuty Beats Q2, Raises Guidance, Cuts 15% of Staff

Q2 beat and raised full-year guidance PagerDuty reported Q2 revenue of $124.4 million, beat sales and earnings estimates, surpassed $500 million in annual recurring revenue, and raised full-year revenue and profit guidance. This is the first hard company-specific evidence in months that its business is stabilizing, pushing the stock up about 8-9%.
This is the single biggest new company-specific catalyst and directly answers what is driving PD now.
15% workforce cut announced alongside earnings PagerDuty said it will cut about 15% of its workforce. Investors initially read this as cost discipline that supports profit margins, but it also signals slower growth and a leaner future. The market's positive reaction suggests the cost savings outweighed near-term concerns.
The layoff is a major new event that shapes how investors view the company's cost structure and growth outlook.
Sector-wide AI-driven software rally lifts PD In late August, enterprise software stocks surged as earnings from Salesforce, CrowdStrike, and Okta showed AI is driving growth rather than killing legacy software. PagerDuty climbed 4.4% in that broad rally, easing fears that AI agents would erode its subscription model.
This explains the improving sentiment backdrop that helped set up PD's earnings pop.
Earlier AI disruption fears and weak peer results pressured PD In June, PagerDuty fell as AI disruption fears hit software stocks and Datadog's strong results highlighted PagerDuty's slower growth and weak guidance. These concerns pushed PD down sharply before the August earnings reversal.
This is the key counterweight that explains why PD was so beaten down before the recent bounce.

July 202618 Jun – 28 Aug 2026

▲2▼1

PagerDuty Beats Q2, Raises Guidance, Cuts 15% of Staff

Q2 beat and raised full-year guidance PagerDuty reported Q2 revenue of $124.4 million, beat sales and earnings estimates, surpassed $500 million in annual recurring revenue, and raised full-year revenue and profit guidance. This is the first hard company-specific evidence in months that its business is stabilizing, pushing the stock up about 8-9%.
This is the single biggest new company-specific catalyst and directly answers what is driving PD now.
15% workforce cut announced alongside earnings PagerDuty said it will cut about 15% of its workforce. Investors initially read this as cost discipline that supports profit margins, but it also signals slower growth and a leaner future. The market's positive reaction suggests the cost savings outweighed near-term concerns.
The layoff is a major new event that shapes how investors view the company's cost structure and growth outlook.
Sector-wide AI-driven software rally lifts PD In late August, enterprise software stocks surged as earnings from Salesforce, CrowdStrike, and Okta showed AI is driving growth rather than killing legacy software. PagerDuty climbed 4.4% in that broad rally, easing fears that AI agents would erode its subscription model.
This explains the improving sentiment backdrop that helped set up PD's earnings pop.
Earlier AI disruption fears and weak peer results pressured PD In June, PagerDuty fell as AI disruption fears hit software stocks and Datadog's strong results highlighted PagerDuty's slower growth and weak guidance. These concerns pushed PD down sharply before the August earnings reversal.
This is the key counterweight that explains why PD was so beaten down before the recent bounce.

Latest18 Jun – 28 Aug 2026

▲2▼1

PagerDuty Beats Q2, Raises Guidance, Cuts 15% of Staff

Q2 beat and raised full-year guidance PagerDuty reported Q2 revenue of $124.4 million, beat sales and earnings estimates, surpassed $500 million in annual recurring revenue, and raised full-year revenue and profit guidance. This is the first hard company-specific evidence in months that its business is stabilizing, pushing the stock up about 8-9%.
This is the single biggest new company-specific catalyst and directly answers what is driving PD now.
15% workforce cut announced alongside earnings PagerDuty said it will cut about 15% of its workforce. Investors initially read this as cost discipline that supports profit margins, but it also signals slower growth and a leaner future. The market's positive reaction suggests the cost savings outweighed near-term concerns.
The layoff is a major new event that shapes how investors view the company's cost structure and growth outlook.
Sector-wide AI-driven software rally lifts PD In late August, enterprise software stocks surged as earnings from Salesforce, CrowdStrike, and Okta showed AI is driving growth rather than killing legacy software. PagerDuty climbed 4.4% in that broad rally, easing fears that AI agents would erode its subscription model.
This explains the improving sentiment backdrop that helped set up PD's earnings pop.
Earlier AI disruption fears and weak peer results pressured PD In June, PagerDuty fell as AI disruption fears hit software stocks and Datadog's strong results highlighted PagerDuty's slower growth and weak guidance. These concerns pushed PD down sharply before the August earnings reversal.
This is the key counterweight that explains why PD was so beaten down before the recent bounce.

Rimini Street Inc (RMNI)

Q3 202614 Jul – 6 Oct 2026

▲4

Rimini Street expands AI governance and partner reach as customer wins continue

New AI governance service Rimini Street launched Rimini Govern for AI, a managed service that monitors, secures, and controls enterprise AI agents. This opens a new revenue stream and positions the company as a trusted partner for companies adopting AI, which could attract more clients and lift future sales.
It is a new product launch that expands Rimini's addressable market and supports long-term growth.
Agentic AI ERP strategy and market expansion Rimini Street unveiled an Agentic AI ERP strategy to modernize legacy systems without cloud migrations. It says its addressable market has grown from $15 billion to $80 billion. This could bring in more customers and boost revenue growth, though execution risks remain.
It shows a major strategic shift that significantly increases the potential market for Rimini's services.
New reseller partnership in ANZ Rimini Street signed a reseller agreement with Datacom to sell its Oracle and SAP support services across Australia and New Zealand. This expands Rimini's reach in a new region and could lead to more customer contracts and recurring revenue.
It is a new distribution channel that can drive future sales growth.
Strong demand for third-party support A Rimini Street survey found 66% of VMware users are using or considering third-party support, mainly to cut costs. This highlights a large market opportunity for Rimini's services, which could translate into more customers and revenue over time.
It provides evidence of growing demand for the type of support Rimini offers, supporting the bull case.

August 202614 Jul – 6 Oct 2026

▲4

Rimini Street expands AI governance and partner reach as customer wins continue

New AI governance service Rimini Street launched Rimini Govern for AI, a managed service that monitors, secures, and controls enterprise AI agents. This opens a new revenue stream and positions the company as a trusted partner for companies adopting AI, which could attract more clients and lift future sales.
It is a new product launch that expands Rimini's addressable market and supports long-term growth.
Agentic AI ERP strategy and market expansion Rimini Street unveiled an Agentic AI ERP strategy to modernize legacy systems without cloud migrations. It says its addressable market has grown from $15 billion to $80 billion. This could bring in more customers and boost revenue growth, though execution risks remain.
It shows a major strategic shift that significantly increases the potential market for Rimini's services.
New reseller partnership in ANZ Rimini Street signed a reseller agreement with Datacom to sell its Oracle and SAP support services across Australia and New Zealand. This expands Rimini's reach in a new region and could lead to more customer contracts and recurring revenue.
It is a new distribution channel that can drive future sales growth.
Strong demand for third-party support A Rimini Street survey found 66% of VMware users are using or considering third-party support, mainly to cut costs. This highlights a large market opportunity for Rimini's services, which could translate into more customers and revenue over time.
It provides evidence of growing demand for the type of support Rimini offers, supporting the bull case.

Latest14 Jul – 6 Oct 2026

▲4

Rimini Street expands AI governance and partner reach as customer wins continue

New AI governance service Rimini Street launched Rimini Govern for AI, a managed service that monitors, secures, and controls enterprise AI agents. This opens a new revenue stream and positions the company as a trusted partner for companies adopting AI, which could attract more clients and lift future sales.
It is a new product launch that expands Rimini's addressable market and supports long-term growth.
Agentic AI ERP strategy and market expansion Rimini Street unveiled an Agentic AI ERP strategy to modernize legacy systems without cloud migrations. It says its addressable market has grown from $15 billion to $80 billion. This could bring in more customers and boost revenue growth, though execution risks remain.
It shows a major strategic shift that significantly increases the potential market for Rimini's services.
New reseller partnership in ANZ Rimini Street signed a reseller agreement with Datacom to sell its Oracle and SAP support services across Australia and New Zealand. This expands Rimini's reach in a new region and could lead to more customer contracts and recurring revenue.
It is a new distribution channel that can drive future sales growth.
Strong demand for third-party support A Rimini Street survey found 66% of VMware users are using or considering third-party support, mainly to cut costs. This highlights a large market opportunity for Rimini's services, which could translate into more customers and revenue over time.
It provides evidence of growing demand for the type of support Rimini offers, supporting the bull case.